I'm quite bullish on the process of a short squeeze guys. I mean; the MM took the liquidity on the first drop down to 92k (liquidity wick + OI went UP then down on the bounce). I monitored the market this weekend and on Sunday a whales sent more than 1.5k BTC in future Binance make it in the liquidation pool but price held on steady.
The incoming challenge is to break clean the resistance of the uptrend channel. I bet smart money is blocking the price to reach that level just to add more liquidity = Fuel
I wouldn't surprise that ETH and Altcoins catch up to new all time high to make USDT.D break the weekly support level at 3.80%.
Last time BTC paved the road now next time we blew it thru.
We can always monitor this strategy as the price goes up; it leave the liquidity dry underneath. (block the bear to their exit liquidity)
Have a good Run to the moon
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