Looks like the veteran short-seller covered his $Strategy(MSTR)$ position right at the $220 low, which now appears more like a bear trap than breakdown. Historically when $Strategy(MSTR)$ 's valuation gets compressed to extremes while Bitcoin starts rallying, it usually sets up explosive rebounds. All classic elements are present: shorts squeezed in low-liquidity zones, BTC showing strength, sentiment hitting peak negativity. If Bitcoin's momentum holds, $Strategy(MSTR)$ 's leveraged exposure could detonate rapidly—turning short-covering into jet fuel for a violent upside reversal.
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