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$323 million in Bitcoin shorts just got wiped in 24 hours — and most traders still don't understand how or why it happened. In this video I break down the full short squeeze mechanics behind Bitcoin's explosive move, what the liquidation cascade actually means for price structure, and the 3 critical scenarios every US Bitcoin holder needs to watch over the next 48 hours. Here's exactly what we cover: how over $323 million in leveraged short positions got liquidated in a single day and why the move was almost entirely mechanical — not fundamental. Why Bitcoin's Fear and Greed Index sitting at 11 while price ripped 5% is one of the most important divergences in this entire cycle. The 5-week ETF outflow trend from BlackRock's IBIT and Fidelity's FBTC — and what Wednesday's $257M single-day inflow actually signals. Why the $68,500 level is the single most important number on the Bitcoin chart right now and exactly what needs to happen for it to confirm as new support. How Trump's State of the Union shifted macro sentiment and pulled risk appetite back into the Nasdaq and Bitcoin simultaneously. The rubber band theory of short squeezes — why the people who panic-buy the top of a squeeze candle are the ones who fund the next leg down. And the three price scenarios — bull continuation toward $72K, healthy reset to $65–66K, or breakdown below $65K — with specific trigger conditions for each one so you know exactly what to watch before it happens, not after. This is one of the most data-rich setups Bitcoin has produced in months — a real-time liquidation event backed by ETF flow data, macro catalysts, and technical structure all converging at the same moment. Whether you're a long-term holder, an active trader, or someone just trying to understand what's happening in the market right now, this breakdown gives you the full picture with zero fluff and zero hype. Bitcoin short squeeze explained. Bitcoin liquidation cascade. BTC price analysis. Bitcoin ETF inflows and outflows. BlackRock IBIT Bitcoin ETF. Bitcoin support and resistance levels. Bitcoin Fear and Greed Index. BTC volatility 2026. Federal Reserve macro impact on Bitcoin. Bitcoin breakout or rejection. ⚠️ DISCLAIMER: This video is strictly educational and does not constitute financial advice of any kind. Cryptocurrency is an extremely high-risk and volatile asset class. I am not a licensed financial advisor. Never invest more than you can afford to lose, and always consult a qualified financial professional before making any investment decisions. Past market behavior is not indicative of future results. #Bitcoin #BitcoinShortSqueeze #BTC