$BTC generated nearly 300 million in short liquidations during the rise on April 22, the largest single-day short liquidation since the bull market began. If BTC does not pull back and continues to rise, it will be clearing shorts in preparation for further declines. It seems very strong, but in reality, the market won't go far. BTC is expected to actively pull back and adjust in the next week or two, fully changing hands and locking in positions, which may open up a new round of bullish trends.

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