🚀 #crypto Rebounds — Shorts Get Squeezed, But the Weekly Damage Is Still There
#BTC is back above $83K, #ETH reclaimed $2,550, and the entire TOP-10 is green over 24 hours.
But zoom out and the picture is less clean: every major is still down on the week.
💥 $165M liquidated
• Shorts: ~$118.3M
• Longs: ~$46.7M
• Fear & Greed: 69 — Greed
Shorts absorbed 71.7% of the #liquidation hit. The bounce is real, but sentiment is recovering faster than the broader market structure.
📊 Market pulse
BTC: ~$83,650
ETH: ~$2,551
TOP-10: ZEC +6.36% / TRX +0.58%
TOP-100: ZRO +14.12% / M -4.34%
Weekly losses are still heavy in places: SOL -6.68%, XRP -5.91%.
🔹 XRP Ledger faced centralization criticism after developers pushed an emergency fix for a flaw that could have allowed XRP issuance beyond the supply cap, skipping the usual validator vote.
🔹 Michael #Saylor hinted at another BTC purchase for Strategy, though nothing has been confirmed yet.
🔹 Coldcard warned about phishing after a malicious link appeared on its official X account. The post was removed and the incident is under investigation.
📈 Market structure
This is a squeeze-driven rebound, not a confirmed trend reversal.
Shorts are getting flushed, majors are green, and greed is climbing again — but weekly losses remain and the broader market still hasn’t fully repaired.
Bounce confirmed. Reversal still pending.
$W $RSR $IO
#BTC is back above $83K, #ETH reclaimed $2,550, and the entire TOP-10 is green over 24 hours.
But zoom out and the picture is less clean: every major is still down on the week.
💥 $165M liquidated
• Shorts: ~$118.3M
• Longs: ~$46.7M
• Fear & Greed: 69 — Greed
Shorts absorbed 71.7% of the #liquidation hit. The bounce is real, but sentiment is recovering faster than the broader market structure.
📊 Market pulse
BTC: ~$83,650
ETH: ~$2,551
TOP-10: ZEC +6.36% / TRX +0.58%
TOP-100: ZRO +14.12% / M -4.34%
Weekly losses are still heavy in places: SOL -6.68%, XRP -5.91%.
🔹 XRP Ledger faced centralization criticism after developers pushed an emergency fix for a flaw that could have allowed XRP issuance beyond the supply cap, skipping the usual validator vote.
🔹 Michael #Saylor hinted at another BTC purchase for Strategy, though nothing has been confirmed yet.
🔹 Coldcard warned about phishing after a malicious link appeared on its official X account. The post was removed and the incident is under investigation.
📈 Market structure
This is a squeeze-driven rebound, not a confirmed trend reversal.
Shorts are getting flushed, majors are green, and greed is climbing again — but weekly losses remain and the broader market still hasn’t fully repaired.
Bounce confirmed. Reversal still pending.
$W $RSR $IO