#BTCUpdate

BTC’s sudden jump to 93.6K wasn’t real buying pressure.

It was a liquidation-driven short squeeze:

Huge green candles with no buildup

OI spiked → shorts forced out

CVD stayed negative → no Smart Money buying

RSI extremely overbought (80–90)

This is NOT a confirmed trend reversal.

It’s shorts getting wiped.

24H Expectation:

Likely cooldown/retrace toward 92.5K → 91.8K

Real reversal only if CVD turns green + structure forms higher lows

Avoid chasing longs here.

This is FOMO territory, not value territory.

#BTC #Bitcoin #ShortSqueeze #CryptoTrading #QuantAnalysis