BTC: US Repo Boost Nears Whale Short Liq at $65,045

BTC climbed to $65558.34 after news of expanded US long-term Treasury repo operations triggered pre-market gains across equities and crypto, pushing the Hyperliquid BTC perpetual futures whale's remaining short position to the brink.

The address holding the $9324万 short now faces liquidation at $65045, just $200 away, following an earlier $2336万 partial wipeout last night.

With price testing upper Bollinger resistance at $65488.79 while RSI flashes overbought at 72.46, a healthy retracement to the 50-EMA support at $63955.59 seems probable before further continuation on the 4h chart.