According to AltcoinGordon, approximately $3 billion worth of Bitcoin short positions are at risk of liquidation if BTC reaches the $100,000 level. This potential short squeeze could result in increased volatility and rapid price movements, offering significant trading opportunities for market participants focused on high-leverage scenarios. Traders should closely monitor open interest and liquidation levels as BTC approaches this psychological milestone, as substantial liquidations historically drive sharp upward moves (source: @AltcoinGordon on Twitter, May 2, 2025).

According to André Dragosch, PhD, crypto markets are experiencing a significant short squeeze, with $23.8 million in shorts liquidated over the past 24 hours, marking the highest level since early April cycle lows. Despite this, the current squeeze is not as substantial as the previous peaks, such as those observed in November 2024. This trend indicates a potential shift in market sentiment towards bullish dynamics, providing a critical insight for traders to adjust their strategies accordingly.