According to Skew Δ (@52kskew), Bitcoin (BTC) saw support bids pulled after a price bounce, with a notable increase in short float added during the rebound. This indicates a shift in market structure, where long positions are expected to provide liquidity for further downside moves. Traders should monitor order book dynamics and short positioning, as the removal of buy-side support and increased short activity often precede heightened volatility and potential price retracement (source: @52kskew on Twitter, April 29, 2025).