The bears just got hit with a massive reality check. After weeks of defensive posturing, a sudden cascade of short liquidations has triggered a powerful V-shaped rebound across the board.
The primary networks are lighting up in green:
• $BTC surges over 3% to reclaim the key $80,300 handle, fueled by $378M in short squeezes in a single hour.
• $ETH mirrors the rally, jumping nearly 7% to reclaim a strong footing at $2,418.
• $BNB targets near-term moving average tests, stabilizing efficiently at $713.
• $SOL finds its footing back at $95.81 as buyers absorb supply near local moving averages.
With spot ETFs officially flipping back to net positive inflows ($128M pulled in led by Fidelity) and South Korea delaying its crypto gains tax all the way out to 2029, the structural deck is cleared. Momentum is shifting back to the builders.
The primary networks are lighting up in green:
• $BTC surges over 3% to reclaim the key $80,300 handle, fueled by $378M in short squeezes in a single hour.
• $ETH mirrors the rally, jumping nearly 7% to reclaim a strong footing at $2,418.
• $BNB targets near-term moving average tests, stabilizing efficiently at $713.
• $SOL finds its footing back at $95.81 as buyers absorb supply near local moving averages.
With spot ETFs officially flipping back to net positive inflows ($128M pulled in led by Fidelity) and South Korea delaying its crypto gains tax all the way out to 2029, the structural deck is cleared. Momentum is shifting back to the builders.