I GAVE AI THE DATA USING IMAGES BELOW. THE RESULT WAS IMPRESSIVE, WHICH COINCIDES WITH MY PERSONAL PREDICTIONS.
Based on the provided data:
- Long/Short Ratio shows 55.37% shorts vs. 44.63% longs, indicating bearish sentiment but creating potential for a short squeeze.
- Liquidation Heatmaps highlight significant liquidity clusters above (e.g., 105,330) and below (e.g., 100,542) the current price (~102,784).
- High leverage positions (up to 100x) amplify sensitivity to price swings.
Short-term Direction:
- Bullish Case: A price rise toward 105,330 could trigger short liquidations, fueling upward momentum.
- Bearish Case: A drop below 101,714 might lead to long liquidations, accelerating declines.
Conclusion: The high concentration of short positions increases the likelihood of a short squeeze if Bitcoin breaks upward. However, the immediate -1.35% dip suggests bearish pressure. Watch for a decisive move above 103,500 (resistance) or below 101,714 (support).
Leaning: Upward due to overcrowded shorts, but volatility is extreme.
SO, THE BITCOIN PRICE WILL RISE, EVEN IF WE SEE PULLBACK FOR SHORT TERM. 🍁