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Shorts Wings Are Difficult to Fly! BTC ETH Epic Short Squeeze Imminent
Bitcoin stabilizes above $77,000, and the epic short squeeze is countdown! The current market is not a battle between bulls and bears, but bulls have already pushed bears to the edge of a cliff, only one last straw away from triggering a full liquidation wave.
$BTC
According to the latest data from Coinglass: as long as BTC breaks through $81,020, it will directly trigger $1.491 billion in short positions; ETH breaking $2,540 will instantly wipe out $771 million in short orders. To blow up the bulls, BTC needs to plummet nearly $4,000 to $73,370, ETH needs to drop nearly $400 to $2,299, with difficulty several times higher than an upward breakout.
More deadly is that shorts are bleeding every second! The entire network’s funding rate remains negative, with shorts paying protection fees to longs every 8 hours, and platforms like Gate have rates as low as -0.023%. Opening shorts is not only the wrong direction but also constantly paying the opponent, and even the most stubborn shorts cannot withstand this continuous bloodletting.
$ETH
Currently, $900 million in short positions are densely stacked above $81,200, forming a thick "fuel wall". As soon as the price lightly touches it, a chain of liquidations will be triggered, with each liquidation turning into a market buy order, pushing the price even higher, creating a perfect short squeeze cycle. ETH’s total holdings have surged 7.79% in 24 hours, more and more funds are entering long positions, preparing to harvest the last shorts.
$RAVE
The so-called Fed rate cut delay and bearish signals have long been digested by the market. Now all bearish factors are exhausted, leaving only the path of short squeeze and upward movement.
#美伊局势和谈与增兵博弈