๐ As expected, BTC accelerated through the wall of short liquidations.
Short positions had accumulated heavily between $82Kโ$86K for months, creating a significant liquidity zone. However, the rejection from this area was relatively shallow, showing strong buying pressure underneath.
๐ If BTC can hold above this zone, the short squeeze could provide further upside momentum. ๐
$BTC
#NEARRisesNearly80%InAWeek #MultiversXPlansHardForkRecovery #CircleLaunchesInstitutionalBTCBackedBorrowing #ZetaChainVotesToMigrateZETAToSolana #ECBStartsBlockchainEuroSettlement
Short positions had accumulated heavily between $82Kโ$86K for months, creating a significant liquidity zone. However, the rejection from this area was relatively shallow, showing strong buying pressure underneath.
๐ If BTC can hold above this zone, the short squeeze could provide further upside momentum. ๐
$BTC
#NEARRisesNearly80%InAWeek #MultiversXPlansHardForkRecovery #CircleLaunchesInstitutionalBTCBackedBorrowing #ZetaChainVotesToMigrateZETAToSolana #ECBStartsBlockchainEuroSettlement

