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Bitcoin Market Sees Surge in Short Positions Despite Price Recovery
Bitcoin's price rebounded to over $107,000 after dipping below $100,000 earlier this week. Despite this recovery, market sentiment is shifting as short positions increase.
Market Analysis
- Alphractal reported a rise in short positions over the past week.
- The Liquidity Zone indicator shows a negative Net Delta, indicating more short positions than long ones.
- A shorts-dominated market does not guarantee an imminent sell-off; Bitcoin remains stable with minor growth.
- If Bitcoin surpasses sell resistance, a short squeeze could occur, pushing prices higher.
Current Status
- Bitcoin is currently valued at $107,309, with a 0.2% growth in the last 24 hours and a 5.2% increase over the week.
- Market participants with bearish sentiment are advised to proceed cautiously.

