BTC This is exactly why I closed my short… After reclaiming the $75.3K support level, price retraced into the Fibonacci Golden Pocket, followed by a strong bounce. With the most recent CME gap, as well as decent liquidity above acting as fuel for another short squeeze, this move was quite foreseeable. Price has since swept the highs but failed to push higher, finding acceptance back below that level. Now it will be interesting to see whether perps start aggressively opening shorts again, giving market makers another reason to push price higher, or if shorts fatigue and focus shifts toward downside liquidity.(Max Trades)