btc

⚠️$BTC 🎁

Bitcoin short positions continue to rise, and a short squeeze may be imminent.
The overall funding rate across major exchanges has turned negative, clearly indicating that the market is dominated by shorts, mainly driven by geopolitical tensions and regulatory uncertainty.

However, heavy short positioning often acts as a catalyst for a short squeeze.
When Bitcoin broke above $70,000 earlier, over $100 million in short positions were liquidated.
History shows that when short concentration is high, a price rebound can easily trigger cascading liquidations, further pushing the price higher.
🚀

#BitcoinBackAbove70K
#InternationalOilPriceFallsOver10%