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I’m seeing a large liquidation of 267K short contracts around $74216, and price held strong instead of pulling back after the squeeze. That reaction shows aggressive sell-side pressure was cleared while buyers maintained control.
EP: $74850
TP1: $76800
TP2: $79500
TP3: $83200
SL: $71200
Price is sustaining above $74200, preserving a constructive structure.
Upside continuation strengthens as heavy liquidation removes downside pressure.
Liquidity rests near $77000 and $80500, which can attract further expansion.
$BTC