Bitcoin Traders Tilt Bullish as Short Squeeze Looms While Chinese Memecoins Crash
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最新报道：Bitcoin rebounded above $121,000 from lows under $120,000, with privacy coins like ZEC and DASH surging. Traders on decentralized exchanges favored bullish BTC and ETH call options, while analysts maintained a constructive outlook. BRN's Timothy Misir noted institutional flows and ETFs are supporting the market. Data shows BTC shorts risk liquidation above $121,600, potentially triggering a squeeze. Futures open interest dipped for BNB, XRP, ADA, and TRX but rose slightly for BTC and ETH. Meanwhile, a memecoin frenzy on PancakeSwap V2 collapsed, with tokens like GIGGLE losing over 95% of their value amid a broader downturn.
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