$BTC 𝘽𝙞𝙩𝙘𝙤𝙞𝙣 𝙡𝙤𝙣𝙜 𝙎𝙦𝙪𝙚𝙚𝙯𝙚 𝘾𝙡𝙪𝙨𝙩𝙚𝙧

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In the current bull cycle, traders betting on price declines have been significantly more cautious in building short positions compared to the 2021 rally. The only notable long-squeeze occurred during the correction around the $80K level.

This shift in sentiment suggests that bears have become more risk-averse a generally bullish signal.

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