$BTC
Price swept $72.5K, took out the longs, and is now sitting on $73K.
OI is at all-time highs — meaning shorts are the most crowded they've ever been in this range. Perps and spot CVD both flattening out. Sellers are exhausted.
Mass long liquidations. Peak short exposure. Drying sell pressure. That's not breakdown — that's capitulation.
$72.8K holds = violent short squeeze incoming. Spring is loaded.
BTC
67,338.01
-3.27%