Quick market update for #BTC on July 31st ☕️

The "Short Squeeze" scenario is happening! After wiping out the Long positions at the $115.7k level, the price is recovering strongly to target Short positions.

🎯 Next target: $119,300 - $121,000, where a large number of Short orders are waiting to be liquidated.

Market sentiment is quite enthusiastic (Greed) and the Long positions have regained an advantage. The upward momentum is supported, but always be cautious and manage your risk!

#Bitcoin #BTCAnalysis #Crypto $BTC $ETH #ShortSqueeze