LONGS JUST PAID FOR THE SQUEEZE.
BTC stalled near $85.6k after the short-covering rip.
Last 24h: ~$168M liquidated. Longs took the bigger hit (~$106M).
Biggest single print: ~$11.8M BTCUSDT on Binance.
Squeeze fuel is spent. Tape is mixed, not trending.
OI cooled while spot still bid. Funding is basically flat.
Lose the mid-$84ks on volume and the “forced buy” story dies.
$BTC $ETH $SOL