After the liquidated shorts, we will be able to see green in the crypto market but institutional investors should support us for this purpose.
Liquidated shorts might seem like a good thing, but actually aren't. The more shorts there are, the more support there will be when we're about to break out in form of a short squeeze.
A short squeeze provides that extra fuel the market needs to break through firm resistance levels it otherwise wouldn't be able to break through, or at least, would need a whole lot more time and demand for to do so.
Bitfinex shorts are still at nearly the lowest point of the last 12 months. I'm uncomfortable seeing the short side be this poorly represented. People are either bullish or neutral, but the better outcome is more bearishness.