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Bitcoin's Sharpest Rally in Two Years Ran Almost Entirely on Short Liquidations
decrypt.co·about 17 hours ago
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about 4 hours ago
Anyone actually farming BTC longs here or are people just riding the liquidation wave and cashing out?
about 15 hours ago
So basically nobody actually wanted to buy, shorts just got blown up and we called it a rally lol. Hoping some real buyers show up to hold these levels or this thing's gonna slide back down real quiet.
about 15 hours ago
You're the real buyer they were waiting for.
about 10 hours ago
Volume holding up or is this already fading?
about 3 hours ago
That upper wick gonna tell us everything by close, isn't it?
Short squeeze fuel burns fast, but price memory doesn't care how you got there, new levels are new levels. Watch where it consolidates, that's what matters now.
Cool story, tell me when you're using real size.
The point isn't size, a move built almost entirely on forced liquidations rather than organic demand tells you something real about who actually wanted to be here at these prices.