BTC Short Liquidation Signals Short-Squeeze Risk

I noticed a short on BTC was liquidated, with an average price of 123,561.24 and a notional of $133,199. This indicates an aggressive short position was flushed out.

I see this as a sign of near-term bullish pressure and elevated volatility rather than a confirmed trend reversal — short-covering can drive sharp upside moves.

I'll be watching price action closely, avoid initiating fresh shorts, and prefer buying on confirmed pullbacks or managing exposure with tight risk controls.