$BTC rise returned to 91 thousand, and the whole network started talking again that the bull has returned. But the older brother must pour cold water. The Rebound occurred on Thanksgiving Day when the American market was closed, liquidity was terrible. In the last 24 hours, the short order faced liquidation of nearly 200 million dollars, but so what? This is not a real buying impulse, but short term pressure caused by forced liquidation of short positions. Real institutional money is still watching.
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$BTC rise returned to 91 thousand, and the whole network started talking again that the bull has returned. But the older brother must pour cold water. The Rebound occurred on Thanksgiving Day when the American market was closed, liquidity was terrible. In the last 24 hours, the short order faced liquidation of nearly 200 million dollars, but so what? This is not a real buying impulse, but short term pressure caused by forced liquidation of short positions. Real institutional money is still watching.