Why the Bitway Rally Faces a Major Test After $3.2M in Short Liquidations
Key Highlights: Bitway surged by up to 46% toward the $2.75–$2.80 zone, triggering a massive short squeeze with over $3.20 million in short positions liquidated. Technical indicators reveal an overbought market state, with the Relative Strength Index (RSI) hitting 81.43 before the token pulled back to $2.53. Market stability now hinges on the $2.40–$2.50 support ...