Evening Crypto Brief — Squeeze. Surge. Still Not Satiated.

BTC defends $120K after an epic squeeze as ETFs, whales, and stablecoin rails reinforce the bid—while leverage keeps the tape jumpy

Bottom Line Up Front — Respect the Uptrend, Budget for Volatility

Spot strength, ETF inflows, and on-chain accumulation are doing the heavy lifting. With futures crowded long and options still measured, the lane to $125K is open—but expect shakeouts to police leverage. Late-cycle rules apply: pre-plan adds on weakness, define invalidation, and don’t chas…