bitcoin:native reminded everyone to keep an eye on the 78k breakout. Once it breaks through, don’t go short anymore—short positions will be liquidated aggressively. The current situation is exactly as I expected, but I didn’t anticipate the liquidation to be this brutal. It directly wiped out all the stubborn short positions between 82k-84k. I was shorting yesterday and still had unrealized gains, but this afternoon my stop-loss got triggered. bitcoin:native moved from 82k to 84k in an instant. If you didn’t set a stop-loss, you’d be facing huge losses >>> In just 4 hours, $403M worth of BTC short positions were liquidated, breaking through the resistance line that’s been holding since the January 30th drop. As long as it can hold above 85k, the next target is 85k-94k. You could say the market has entered a new phase. No need to overthink it—this might really be the start of the bull run. The only thing to watch out for is 85k.