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Shorts are wingsless and hard to fly! BTC and ETH epic short squeeze is imminent
Bitcoin has stabilized above $77,000, and the epic squeeze is entering countdown! The current market is not a battle between bulls and bears; the bulls have already pushed the bears to the edge of a cliff. Just one last straw could trigger a full liquidation wave.
$BTC
According to the latest data from Coinglass: As long as BTC breaks through $81,020, it will directly trigger $1.49B in short positions; if ETH breaks through $2,540, $771 million in shorts will instantly vanish. To blow up the bulls, BTC needs to plummet nearly $4,000 to $73,370, and ETH needs to drop nearly $400 to $2,299, making it several times harder than breaking upward.
More deadly is that shorts are bleeding every second! The entire network’s funding rate remains negative, with shorts paying the bulls protection fees 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 can't withstand this ongoing bloodletting.
$ETH
Now, $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. Each liquidation turns into a market order, pushing the price even higher, creating a perfect short squeeze cycle. ETH’s total holdings have surged 7.79% in 24 hours, with more funds entering long positions, preparing to harvest the last of the shorts.
$RAVE
The so-called Fed rate cut delay and bearish signals have long been fully digested by the market. All bearish factors are exhausted now, leaving only the path of a short squeeze to the upside.
#美伊局势和谈与增兵博弈