The Coin Detective
Coins:
1995
Market cap:
$ 2174.37B
Volume 24h:
$ 86.28B
BTC dominance:
55.5%

BTC’s Rally Was a Short Squeeze, Not Real Buying, CryptoQuant

By https://coinpedia.org/ on April 24, 2026

The post BTC’s Rally Was a Short Squeeze, Not Real Buying, CryptoQuant appeared first on Coinpedia Fintech News This week, Bitcoin jumped 4%, rising from $76,351 to $79,447. But CryptoQuant analyst Carmelo Aleman says the move was not driven by real buyers. Instead, the push came from the futures market, forcing short sellers out of their positions in a $1.19 billion short squeeze.Thus, Carmelo Aleman says the rally looks strong but is fragile …

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