Large BTC Short Liquidation Signals Short-Term Bullish Momentum
I just saw a BTC/USDC short get liquidated — average price 123,467.2, total about $668,822. That's a sizable short squeeze and indicates meaningful buying pressure.
Not funny for the shorts; for me this is a bullish signal to monitor for continued upside while keeping risk tight.
Analysis
Recommendation
I'm leaning buy—consider entering or adding with strict risk controls (size limits, stops) or wait for a controlled pullback to buy on weakness if you prefer lower entry risk.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.