Bitcoin$BTC long positions hit a high since 2023. Market is officially: "are we buying the dip or is a big squeeze coming?" playing out the question. $BTCFaced strong rejection from 82K but what's noticeable is: aggressive longs are being opened on every decline. Particularly significant buying came in the 76-77K band. In my opinion, the market is pricing the following: oil is pulling back the fear of new rate hikes from the Fed is weak for now even ETF outflows don't cause panic selling in spot markets Trump's statements about integrating crypto into the financial system also provided psychological support But the risk here is very high A When the number of longs rises excessively,, the market usually first punishes this crowd. In other words: the possibility of a short squeeze is as real as, the possibility of sudden liquidation wicks is on the table. On the chart side: 82K is still the main resistance 76K-77K band is the most critical support in the short term The market is currently completely: "are we getting a higher low or a new dump?" in indecision. I think volatility hasn't ended, it's just beginning