$BTC On the chart, we can see a large concentration of short liquidations in the $107,200–$108,400 zone.

The total liquidation volume is around $1 billion.

This could lead to a short squeeze. So yeah, we need that short squeeze, guys — just like I said earlier. Or maybe this becomes fuel for the next move to $120K. In this case, the uptrend could continue without a deep correction.