FundingVest

Bitcoin at $81,000: Binance Data Signals Ongoing Short Squeeze

As Bitcoin climbs to $81,000, Binance cumulative liquidations data clearly shows that the current move is being driven by aggressive short liquidations. After breaking above the $77,000 level, short positions began to get liquidated rapidly. As price continues to rise, these forced closures generate additional buy pressure, pushing the market even higher. The key question now is: Once short positions are fully cleared, who becomes the next target? Two main scenarios stand out. First, price may continue to rise until most short positions are eliminated. Second, this rally could create a “fear of missing out” effect among retail traders, leading to a buildup of new long positions. If the market shifts its focus to this growing long exposure, we could see an increase in long liquidations in the coming period. In short, Bitcoin’s current move is not just a simple uptrend — it is an active liquidity hunt. As shorts get wiped out, longs may become the next target.