Are Bitcoin and Ethereum about to suffer a liquidation nightmare? – Assessing…

Bitcoin and Ethereum have recently faced nearly 1 billion USD in liquidations, mainly from short selling, indicating a classic short squeeze.

Despite bullish momentum, both cryptocurrencies show signs of overheating, with high RSI levels suggesting potential stalls in price movement.

Whale activity will play a critical role in determining whether the market consolidates or experiences a liquidation cascade.

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