Bitcoin has officially cracked the $82,000 psychological barrier for the first time since February. While the headlines are screaming moon, the "Beast" looks at the liquidations.

The Logic: We just saw $122.8 million in short liquidations in 24 hours. This isn't just organic buying; it’s a forced squeeze. The Short-Term Holder (STH) cost basis is sitting at $81,300, which is our new line in the sand.

The Strategy: I’m running a "Cost-Basis Bounce" play. Instead of FOMO buying at $82.5k, I’ve set my limit orders at the $81,300 retest level to catch the late-long liquidations.

The Goal: Capture the secondary leg up toward $85,000 once the weak shorts are fully flushed and the price stabilizes above the previous local high.
In a market dominated by institutional treasury plays, the "Cost-Basis" is the only level that matters. Don't trade the price; trade the pain of the shorts.

#BTC #Bitcoin82k #ShortSqueeze #MarketAnalysis #GateSquareMayTradingShare

$BTC ‌