The $BTC short squeeze mentioned earlier has occurred, but the magnitude was not high. You can see that after the squeeze, there was a bullish candle that briefly broke above the 4-hour 60 moving average. However, since it was caused by short stop-losses, it was not a genuine buy-in, and the price quickly fell back to its original position. Subsequently, shorts tried to add positions again, and the short positions returned to the previous level, but the price failed to drop further. The shorts exerted effort but had no effect. I think in the short term, there will be a second short squeeze stop-loss, causing the price to touch the 4-hour 120 moving average once.
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