Reader greeting status:
📢 Good morning crypto community!
Yesterday, we emphasized: BTC is likely to continue its upward trend and warned about a short squeeze if shorts are at the 95k level. The recommendation was correct. Hope you followed the advice and are in a strong mindset to seize opportunities from the market.
💡 Today's knowledge: What is a Short Squeeze and why is it dangerous?
A short squeeze occurs when the price of an asset rises sharply, forcing short sellers to buy back to reduce losses, thereby pushing the price even higher. This often happens when:
1️⃣ The market has a strong upward momentum and low liquidity.
2️⃣ There are many accumulated short orders.
3️⃣ "Big players" take advantage to push prices up, triggering mass liquidation orders.
⚠️ Reminder:
In a volatile market like crypto, do not "gamble" but let data and analysis support you. Patience and alertness are key.
📈 BTC is still maintaining a positive trend. Always consider your position carefully, and don't forget: Our AI is always here to help you analyze!
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