According to @52kskew, BTC order flow shows a second attempt where spot asks are being pulled, shorts are getting filled on perpetuals, the tape is being spoofed lower, and a TWAP short is pressing into price, indicating an orchestrated short build; source: @52kskew on X, Sep 16, 2025. @52kskew adds that if competing buy-side liquidity steps in, these shorts could be blown out, flagging near-term short-squeeze risk for BTC; source: @52kskew on X, Sep 16, 2025.