The current BTC increase has resulted in liquidations totaling more than a billion dollars.

Shorts being repelled
Right now, the shorts are winning in the shorts.

Bitcoin has increased by roughly 10% over the past two days.

A billion dollars' worth of shorts were liquidated during that time.

A billion dollars' worth of shorts were liquidated during that time.
https://cointelegraph.com/news/bitcoin-liquidates-over-1-billion-as-btc-price-hits-6-week-highs

The shorts have had their fun, now let the bulls have a little celebration!