Market data reveals a staggering $7.8 billion in short positions sitting on the edge right now. The trigger? BTC pushing towards the $100K psychological barrier.

That's a massive amount of leveraged bets against the rally. If Bitcoin manages to break through and sustain momentum around six figures, we could witness one of those epic short squeeze cascades that crypto traders live for.

The setup is there. Bears are heavily positioned, which typically adds fuel once the price starts moving against them. Every tick higher forces more closures, creating that domino effect.

Whether this actually plays out or not depends on market sentiment and broader macro factors, but the powder keg is definitely loaded. Traders should keep their eyes on that $100K level – it's not just a round number anymore, it's a liquidation minefield.

BTC-7.35%

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NFTBlackHole

· 15h ago

7.8 billion short positions piled up like this, if 100,000 breaks, it will really be a mess haha --- When is the short squeeze market coming? I can't wait any longer --- Hmm... this wave is really a bit precarious, mainly depends on whether the macro will stir things up --- I just want to know who will get played for suckers at 100,000, just enjoy the show --- So many short positions will definitely explode, the question is when? Anxious --- Hmm, there is something... but to be honest, this kind of judgment happens every day, can we trust it? --- 100,000 is indeed a bit intense, but then again, the crypto world has this temperament, if it blows, it blows --- We who are watching the show are the winners, let them fight it out.

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DaoResearcher

· 15h ago

According to on-chain data, the liquidation probability of this wave of 7.8B short positions actually depends on the market microstructure—specifically, if BTC can maintain after breaking the hundred thousand dollars, then the incentive compatibility will render the governance mechanism that tracks positions completely ineffective. It is worth noting that this cascade effect has long been solidified in the game equilibrium under a high leverage environment.

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JustAnotherWallet

· 15h ago

The feeling of 7.8 billion short positions getting liquidated... it really just needs one triggering point.

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MoonBoi42