Bitcoin support resistance flip in play as long-to-short delta highlights bullish bias

AI Impact AnalysisGrok analyzing...

📄Full Article· Automatically extracted by trafilatura1045 words

BTC/USDT 1-day chart. Source: TradingView Outside of the naked price action from the candlestick chart, the long-to-short delta (heatmap below) shows longs currently with the advantage, with a -$38.6 million delta, and the figure widens to -$153 million if BTC rises to $77,500. BTC/USD long-short delta. Source: Hyblock Essentially, the SR flip from the Monday US morning session liquidated long positions down to $76,500, potentially confirming the trendline resistance as support. As the price rebounds, the chart shows shorts having significantly more leveraged exposure at risk. Related: Bitcoin shorts create $1.4B liquidation risk: Is a price squeeze to $80K next? Bulls may succeed in pushing the price through the most immediate overhead shorts and returning BTC to its range highs below $80,000, but the aggregate orderbook set at 2.5% to 5% shows a wall of asks stacked from $79,700 to $80,000. This suggests that clearing the $80,000 level could remain a challenge in the short-term. BTC/USDT orderbook bids and asks. Source: TRDR.io

Data Status✓ Full text extractedRead Original (CoinTelegraph)

🔍Historical Similar Events· Keyword + Asset Matching6 items

2026-04-28

Bitcoin support resistance flip in play as longs to shorts delta highlights bullish bias

2026-04-29

Bitcoin futures signal caution as long-to-short ratio signals positioning shift

2026-04-22

Bitcoin tests $78,000 resistance as short-squeeze risks mount, altcoins rally

2026-05-28

Bitcoin Pulls Back, But Futures Traders Turn Bullish: Long Squeeze Setup?

2026-05-27

Crypto Long & Short: How the GENIUS Act repriced bitcoin's monetary premium