$BTC is liquidating high-leverage short positions.



However, risk factors clearly remain. The size of high-leverage long positions around 57.5k is growing.
BTC2.38%
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MintCondition
· 5h ago
After liquidating the short positions, the next target is the dense area of long orders at 57.5k, beware of bull traps.
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GateUser-f2d5f4c0
· 8h ago
Classic long-short double kill script, first kill shorts then kill longs; high leverage kills whichever side it's on.
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GateUser-cbb8cdf5
· 8h ago
This wave of short squeezes feels great, but the group of high-leverage longs at 57.5k looks scary too, and could reverse at any time.
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