🚨 The collapse of Bitcoin selling positions worth 96 million dollars!\n\nRecently, Bitcoin experienced a strong short squeeze, leading to the liquidation of selling positions worth up to 96 million dollars 💥.\n\nDespite this sudden rise, some on-chain indicators still suggest uncertainty in the market:\n\n📉 The 7-day exponential moving average of the Spent Output Profit Ratio (SOPR) shows weak market confidence.\n\n🐋 The market needs capital flows from whales to regain strength in the upward momentum.\n\n🔑 The SOPR indicator for short-term investors should be above 1 to enhance positive momentum.\n\nWhat does this mean?\n\nOpportunities for speculators looking for quick moves ⚡\n\nAn opportunity to reassess investment strategies 💡\n\nA constant reminder: the market is full of surprises, so planning and caution are essential 🛡️\n\n🔥 Do you think Bitcoin will regain its upward momentum or will the volatility continue? Share your thoughts below!\n$BTC \n\n\n#bitcoin #CryptoNews #cryptotrading #ShortSqueeze #MarketInsights