$BCH Short Liquidated: $101K at $461.63 – Bulls Take the Lead!
A massive $101,000 short position on $BCH was liquidated at $461.63, indicating a surge in buying pressure that overwhelmed bearish bets.
This liquidation could spark a short squeeze, potentially pushing prices even higher.
What’s Next?
For Long Traders: Look for continued momentum above $461.63 and target the $475-$480 range for potential gains.
For Short Sellers: Avoid re-entry until clear resistance levels emerge to confirm a reversal.
With bulls taking control, $BCH s next moves could define the market’s direction. Stay alert!