Bitcoin rebound
A rebound in Bitcoin above $97,000 may lead to a cumulative short-squeeze intensity of $5.91 billion across mainstream centralized exchanges. This potential surge indicates significant market activity and investor interest. A short squeeze occurs when investors betting against an asset are forced to buy back shares to cover their positions, driving prices higher. The cumulative short-squeeze intensity reflects the total value of these positions that could be impacted by a price increase. Market analysts are closely monitoring Bitcoin’s price movements, as a rise above this threshold could trigger substantial trading activity.
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