๐ฅ $BTC broke above $85,600, up 5% in 24 hours
Over $1 billion in positions got liquidated, 82% ($844M) of which were shorts โ roughly 135,000 traders got wiped out
$DOGE surged +15% past $0.10, $XRP +7%, $SOL +5% โ only $ZEC stayed in the red
Classic short squeeze pattern: shorts were forced to buy back, which pushed the price even higher
Do you think this squeeze-driven rally holds, or does it need genuine spot demand to sustain without one?
#Bitcoin #DOGECOฤฐN #BinanceSquare
Over $1 billion in positions got liquidated, 82% ($844M) of which were shorts โ roughly 135,000 traders got wiped out
$DOGE surged +15% past $0.10, $XRP +7%, $SOL +5% โ only $ZEC stayed in the red
Classic short squeeze pattern: shorts were forced to buy back, which pushed the price even higher
Do you think this squeeze-driven rally holds, or does it need genuine spot demand to sustain without one?
#Bitcoin #DOGECOฤฐN #BinanceSquare