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$BTC During the session, price surged to 72490 USDT, reaching the highest level since early June. After two days, it violently rebounded from around 64000. The weekly gain is nearly 15%. Over the past 24 hours, liquidations across the entire network exceeded $3.3 billion, with long liquidations accounting for $3.0 billion. This is a typical squeeze-and-rally (short-squeeze): leveraged shorts are heavily swept out, forcing liquidations and stop-losses, while passive buy orders push the price sharply higher. Spot ETF in the United States saw a large net inflow—net inflow of $517 million in a single day, the highest since May. This suggests that real spot capital is entering the market, not just a futures-driven short-squeeze.
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SHADOW is attempting a trend reversal on the daily chart after consolidating around the $0.396 support level. The price has reclaimed the short-term moving averages with decent bullish momentum.
Key metrics
Current Price: $0.4860 (+5.22%)
Market Cap: $176.26K
Liquidity: $141.00K
FDV: $4.86M
Holders: 23,088
Technical overview
Support: $0.453 (MA-7) / $0.396 (Local Low)
Immediate Resistance: $0.523
Major Resistance: $0.589 (MA-99)
Crossing and holding above MA(7) ($0.453) and MA(25) ($0.455) signals growing short-term momentum. A sustained push past $0.523 could clear the path toward testing the long-term moving average around $0.589.$TRADOOR 😇