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#BTC #ETH
Currently, there is only one absolute king in the market these days, and that is ETH, which has the strongest performance. As the price broke through 2540, short positions worth 600 million USD were directly wiped out, and a bit of short positions were added above. Judging by this momentum, the area around 2600 will also be cleared.
The second high for Btc has not yet appeared, and it is still brewing. If it breaks above 106,000, it will clear 1.5 billion USD in short positions, which can be achieved with less than a 3% rise in the current market. Next, we will see whether this short squeeze happens today or tomorrow, whether it will be a slow cut or a decisive slash!
25.5.11