Two Bitcoin whales hold nearly $226 million in short positions, with the largest holding 2,136 BTC worth $136 million and the other holding 1,412 BTC worth $89.79 million. Bitcoin trades in a narrow range between $63,000, a key support level, and $65,000, a major resistance. A decisive breakout above $65,000 would force short covering and create significant buying pressure. The Momentum Shift indicator remains positive at 4,245.91, suggesting that bullish momentum has survived the latest correction.
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