"Three-in-One Trading System | BTC Market Analysis (1/3): Volume" The trading volume on both the long and short sides is shrinking, and overall volume is sluggish—this is one of the signals that BTC might be gearing up for a breakout! Current price is around 81.5K. Last night, it briefly surged to 83.1K but couldn’t hold and was pushed back below 82K. In the past 24 hours, short liquidations accounted for 71.7%, with approximately $104M in short positions cleared, significantly higher than the $70.83M in long positions. This rebound is mainly driven by short covering, not new long positions entering the market. On the 4-hour chart, neither long nor short volume is showing sustained growth. Shorts can’t push it down, and longs lack the strength to pull it up. Volume Analysis: The rebound is led by short covering but lacks sustainability. The 82K-82.2K range has shifted from support to resistance—if BTC can’t break above it, the market will remain in a weak consolidation phase.