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DanniéX

One massive long liquidation pushed Bitcoin into months of weakness.



Now a huge short liquidation has sent $BTC sharply higher.

One green candle doesn’t confirm a new bull run, but it shows how quickly market pressure can flip.

If buyers hold this move, could this short squeeze become the start of something bigger?
BTC3.31%
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ChannelRider
· 08-23 09:52
Haha, the market is a meat grinder—crying yesterday and laughing today. Only small positions let you survive to the end.
Reply0
FundingFeeHunter
· 08-23 03:23
This type of short squeeze usually comes and goes quickly. What really matters is whether subsequent buying can continue to follow through; if not, the market will remain range-bound.
Reply0
MacroNarrator
· 08-23 03:21
Liquidity swept, longs wiped out, then shorts—the market maker played it slick, leaving retail traders helpless.
Reply0
FlowScout
· 08-23 03:10
One big bullish candle cannot prove a bull market, but it at least shows that market sentiment can reverse in an instant. The key now is whether the bulls can gain a firm foothold and turn short covering into a genuine trend reversal. Don’t let a single candlestick dictate your actions—make a solid trading plan.
Reply0
MemesTemptation
· 08-23 03:07
A liquidation frenzy—just watch from the sidelines.
Reply0
CycleWatcher
· 08-23 03:07
Short liquidations are exhilarating, but don’t rush to call it a bull market—there’s still plenty of overhead supply ahead.
Reply0

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