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Market Alpha
$BTC bears just refuse to learn.
They piled into shorts around $62K, expecting another leg down — only to get squeezed when BTC bounced. Now, with open interest continuing to fall, those shorts are being forced to close.
Every short that gets liquidated or closed adds buying pressure, creating another push higher and forcing even more shorts to exit.
Positions opened to profit from a crash are now fueling the very rally they were betting against.
#XiaomiEarningsWatch #30YYieldHits2007High
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