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#BTC surge and pullback, options expiration amplifies the key level battle The earlier surge was because K33 provided data indicating that this rally included the largest single-day short squeeze on record. Simply put, shorts were flushed out in one wave, and futures open interest dropped significantly. Much of the previous price increase was driven by short covering rather than natural buying demand. #PCEToJacksonHole #AIMonetizationBroadens #BTCOptionsExpiryTest