Short Squeeze

The crypto market rallied sharply, driven by a short squeeze and signals from the White House that the Federal Reserve may cut interest rates, leading to massive liquidations of short positions.

New market data reveals that hedge funds have taken massive short positions against the U.S. dollar, a historically crowded trade that often precedes a sharp reversal. This article explores the potential consequences of a dollar short squeeze for the Bitcoin price, analyzing both short-term risks and long-term opportunities.