Shorts are still heavily stacked on many altcoins (SOL: 88.1%, ETH: 87.7%, XLM: 91.9%).
Meanwhile, **\$BTC has just broken above its previous all-time high**, now hovering around \~\$118K with solid volume, closing above both the MA7 and MA25.
🔸 Personally, I think we might see one more strong move to:
– Trigger a short squeeze across altcoins
– Lure in more FOMO-driven long positions
I’ve already placed a few limit orders and expecting them to hit soon 👀
**What’s your outlook?**