$BTC Short Position Wiped Out: $60.8K at $101,270.30
BTC's volatility remains intense after a major short position was wiped out at $101,270.30. The support zone now lies between $100,500 and $100,800, while resistance is seen at $102,000 and $102,500. Breakout traders should watch for a solid push above $102,000 to signal further bullish momentum. Conversely, a rejection near this level could open up short opportunities back toward support. With BTC testing these critical zones, sharp price swings are imminent.