Another flush out of leveraged longs.

Looks like there’s another flush out (liquidation) of leveraged longs with price stabilization afterwards. When I see this, it gives me hope for upward price pressure, as spot buyers and hodlers are the only way to squeeze shorts.

Again, IMHO, shorts and leveraged shorts will always have an advantage over leveraged longs. But spot buyers and hodlers will always have advantage over shorts and leveraged shorts.