{"id":52995,"date":"2025-04-26T20:33:10","date_gmt":"2025-04-26T20:33:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/52995\/"},"modified":"2025-04-26T20:33:10","modified_gmt":"2025-04-26T20:33:10","slug":"why-bitcoins-next-big-move-could-crush-traders-betting-against-it","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/52995\/","title":{"rendered":"Why Bitcoin\u2019s next big move could crush traders betting against it"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\">Bitcoin\u2019s OI has surged as short bets climb.<\/li>\n<li style=\"font-weight: 400;\">With rising HODL sentiment and a surge in new addresses, a breakout above $96k could trigger a short squeeze.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Bitcoin\u2019s [BTC]<\/a> Open Interest is climbing fast, but not in a good way for the bulls. Funding Rate just turned negative at -0.023%, signaling that short bets are stacking up fast.<\/p>\n<p>Over on Binance, more than 60% of traders are shorting BTC\/USDT on the <a href=\"https:\/\/www.coinglass.com\/LongShortRatio\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">4-hour chart<\/a>. Longs? They\u2019ve taken a beating \u2013 nearly $1 million wiped out as traders booked profits after BTC\u2019s sprint back above $95k.<\/p>\n<p>But here\u2019s the thing: Since February, $96k has been a wall too tough to break. But with so many shorts in play, could a squeeze finally push Bitcoin through?<\/p>\n<p>Bitcoin walking a tightrope<\/p>\n<p>Earlier in February, Bitcoin was stuck in a boring loop between $98,900 and $93,500 \u2013 and every time it peaked above $95k, it got smacked right back down. But this time? The vibe feels way different.<\/p>\n<p>Back then, it was all about macro drama causing panic.\u00a0<\/p>\n<p>Now, BTC\u2019s climb to $95k comes after a much stronger rally, blasting through old resistance zones. In short, way more holders are in profit now, and they\u2019ve got way less reason to bail at the first sign of trouble.<\/p>\n<p>According to AMBCrypto, HODL season might just be back. Nothing paints the picture better than the on-chain action \u2014 Bitcoin\u2019s Realized HODL (RHODL) Ratio just hit a two-month high.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/glassnode-studio_btc-realized-hodl-ratio-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-486015\" class=\"wp-image-486015 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Bitcoin\" width=\"3200\" height=\"1800\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/glassnode-studio_btc-realized-hodl-ratio-1.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-486015\" class=\"wp-caption-text\">Source: Glassnode<\/p>\n<p>This rising R-HODL Ratio hints that the market\u2019s moving into accumulation mode \u2013 meaning holders are tucking their coins away, not rushing for the exits.<\/p>\n<p>And it\u2019s not just the OGs. Around 30,000 shiny <a href=\"https:\/\/studio.glassnode.com\/charts\/addresses.NewNonZeroCount?a=BTC&amp;chartStyle=line&amp;s=1735669800&amp;u=1745657332&amp;zoom=ytd\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">new BTC addresses<\/a> sprang up on the 23rd of April, right as Bitcoin hovered near $93,727.<\/p>\n<p>Put together, old money, new money \u2014 everyone\u2019s stacking sats, not selling.\u00a0<\/p>\n<p>Clearly, they\u2019re expecting fatter gains ahead. That\u2019s why this pullback feels less like a meltdown and more like a classic shakeout \u2014 clearing out weak hands and trigger-happy traders before the real party starts.<\/p>\n<p>A short squeeze might be all it takes<\/p>\n<p>At press time, Bitcoin\u2019s slipped 0.39% below its $94,760 opening \u2013 and yep, the <a href=\"https:\/\/www.coinglass.com\/LongShortRatio\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">correction crowd<\/a> is getting louder.\u00a0\u00a0<\/p>\n<p>After all, BTC\u2019s late February rally set a high bar, and some cracks are starting to show. Cue the shorts, betting hard on downside action.<\/p>\n<p>But here\u2019s the thing: If bulls keep flexing, $96k isn\u2019t just possible. In fact, it\u2019s a trapdoor waiting to snap shut on the bears.<\/p>\n<p>And judging by the setup, with the Funding Rate (FR) deep in the red, bulls look more than ready to wreck some short sellers.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/Bitcoin-Funding-Rates-All-Exchanges-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-486025\" class=\"wp-image-486025 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"BTC FR\" width=\"4000\" height=\"2250\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/Bitcoin-Funding-Rates-All-Exchanges-1.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-486025\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p>Big picture? A deep correction looks pretty unlikely for <a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Bitcoin<\/a> right now.<\/p>\n<p>With holding sentiment running high and shorts piling on weak-hand exits, the stage might be set for a $96k breakout sooner than most expect.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tPrevious: <a href=\"https:\/\/ambcrypto.com\/private-gala-buzz-sends-trump-to-15-but-can-the-70-rally-really-stick\/\" rel=\"next noopener\" data-wpel-link=\"internal\" target=\"_blank\">Private gala buzz sends TRUMP to $15 \u2013 But can the 70% rally really stick?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/if-your-grandparents-cant-use-bitcoin-or-any-other-crypto-is-it-really-for-everyone\/\" rel=\"prev noopener\" data-wpel-link=\"internal\" target=\"_blank\">If your grandparents can\u2019t use Bitcoin or any other crypto, is it really for everyone?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s OI has surged as short bets climb. With rising HODL sentiment and a surge in new addresses,&hellip;\n","protected":false},"author":2,"featured_media":52996,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-52995","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114406175894405377","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/52995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=52995"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/52995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/52996"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=52995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=52995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=52995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}