Bitcoin just went from fear to full-blown euphoria in 5 days.

$BTC rallied 28%, moving from $62.7K to $79.5K. That’s a massive $17.2K move in less than a week.

And the move wasn’t happening in isolation.

$4.2B in shorts got liquidated, marking the biggest liquidation streak crypto has ever seen.

The total crypto market cap also added around $450B.

Then came another big signal: Bitcoin reclaimed the 200-day moving average, one of the key trendlines traders watch when trying to confirm a larger trend reversal.

Altcoins are also waking up, with the altcoin market cap bouncing from a major support zone.

Just 5 days ago, the market felt completely dead.

Now everyone is talking about the next leg higher.

That’s crypto.

Sentiment can change faster than price.

But after a move this violent, I’d rather watch what the market does next than chase the green candles.