$BTC It's a typical short squeeze market!

The BTC contract premium has turned negative, indicating that there are too many people shorting.

Yesterday, Powell spoke. Although he clearly leaned towards a bearish stance, the market did not follow the news at all; it was completely the traders squeezing the shorts.

Now, don't rush to chase the rise! Liquidity in the U.S. stock market has always been a 'ticking time bomb'. If the U.S. stock market suddenly collapses, Bitcoin will definitely suffer.

After the bears finish cutting, the next step will be a massive long squeeze.