Shorts Liquidated — Bitcoin Likely to See Short-Squeeze Bounce

I noticed a significant BTC short liquidation with an average price of 123,821.40 and a total amount around $117,011. I interpret this as evidence that aggressive short positions were forced out.

I believe this adds near-term bullish pressure because forced covering can create upward momentum, although the size is moderate relative to overall market liquidity.

I will watch for follow-through and higher volume before increasing exposure; if momentum confirms, I'll take a measured long with strict risk management.