$BTC Liquidation Alert:
$160K Short Liquidated at $106,380.46!
Analysis:
The bears just took a big hit! This liquidation might signal a short squeeze or growing bullish momentum.
Watch for a potential breakout if buying pressure increases.
Next Move:
If bullish momentum continues:
Look for resistance levels around
$108K–$110K for profit-taking or fresh short setups.
If it retraces: A dip back to $105K could offer an entry for buyers.
Keep an eye on volume spikes and market sentiment—things are heating up!