🚨🚀🚀 Against Ethereum (ETH), Bitcoin (BTC) Continues to Rise😵
In addition to strengthening its position against Ethereum, Bitcoin's latest rally has seen it surpass $44040 on the Binance platform.
Many people have been taken aback by this rebound, which has put negative investors in a risky situation. Over the last day, short bets totaling $159.61 million have been liquidated, according to statistics from CoinGlass.
There may be a short squeeze coming up, in which investors who have bet against the price of an asset are compelled to reenter the market in order to cover their holdings when prices climb.
Due to increased purchasing pressure from these covering positions, this tendency may drive Bitcoin's price further higher.
