Traders had many #liquidated #shorts today after showing some over-eagerness to bet against markets. The largest shorts in 3 months acted as rocket fuel as #BTC jumped back above $27k. We saw a similar price #bounce when traders shorted during the March 10th bottom, when many traders suspected prices would continue plummeting. Instead, that previous #spike in shorts instigated a month-long bull rally. Stay tuned to see if history will repeat itself!

Source: app.santiment.net - World's largest on-chain & social crypto analytics platform