The cryptocurrency market is staging a textbook-level short squeeze. BTC's nearly vertical rise has detonated all short contracts below $101,400. While the bulls hesitated at the $92,800 mark, the bears added fuel to this surge with real money—this is not a sudden market change; it is clearly a premeditated hunt.
The market always rewards the clearest-headed madmen. When the bears firmly believe that "$100,000 will be broken" and madly increase their positions, while the bulls are frightened by the volatile market, the main funds have long set their traps.
The moment that liquidity for short positions above $103,000 is exhausted is the trigger for the reversal of forces between bulls and bears. The essence of this violent surge is the "fuel effect" formed by the spontaneous liquidation of short leverage funds.
Someone else's trading notes can be considered a model: shorting accurately at $97,000, setting a take-profit at $83,000, and strictly stopping loss at $104,000. When the price pierced the stop-loss level, he smiled instead: "This precisely confirms the signal for big funds to enter the market." In the cryptocurrency world, the most dangerous thing is never the judgment of direction, but the arrogance towards market sentiment.
At this moment, the direction of the market is no longer a code that technical indicators can interpret. When the exchange's liquidation data hits a new high, and the bear groups fall into collective silence, the market is rewriting the rules with bloody lessons: in the crypto world, there are no eternal hunters, nor is there destined prey.
When the bears start to doubt life, and the bulls regain their courage, perhaps that will be the true climax of this market.
The cryptocurrency market never lacks myths; what it lacks is a clear understanding of human weaknesses. In this short squeeze drama, do you choose to be an audience, or continue to be a gambler?
