💥 $BTC: Shorts Are Getting REKT! 🚀

Data shows a massive shift in positioning. Over $1.84M in shorts liquidated in the last 24 hours, while longs are still dominant on lower timeframes but getting hit too.

Initially, over-leveraged longs were wiped out, triggering a sharp pullback. But now, the tables are turning. Higher timeframes (12H & 24H) clearly show short liquidation dominance – a classic sign of bullish pressure. 📈

Be cautious chasing longs at these levels. The most rewarding trades often emerge during pullbacks, not at the peak of the squeeze. Expect either continued upside momentum or a consolidation phase.

#Bitcoin #CryptoTrading #Liquidation #MarketAnalysis 🐻

BTCUSDT

Perp

86,182.2

-0.76%