#MarketRebound
🚨 🚨 🚨BREAKING: 🚨 🚨 🚨
$280M in Bitcoin Shorts Liquidated Within 24 Hours
Approximately $280 million in Bitcoin short positions were liquidated over the past day, triggering a textbook short squeeze. As BTC’s price spiked, bearish traders were forced to exit their positions, adding fuel to the rally.
Such large-scale liquidations often mark a shift in market sentiment—bears getting squeezed while bullish momentum builds. It also underscores the high-stakes nature of leveraged crypto trading, where rapid swings can flip the script in mere hours.
If the current sentiment persists and new capital enters the market, this could signal the beginning of a stronger upward trend for Bitcoin. For short-sellers, it’s a harsh lesson: resist the trend, and risk getting crushed by it.