Bitcoin surged straight to $75,500 this morning! 🔥 For the first time since late May, the bears were caught completely off guard—over two days, more than $4 billion was liquidated, and just on Monday alone, $2.75 billion was wiped out. This “short squeeze” is so savage it feels like something out of a movie.
Why the sudden ramp-up? The fiercest kick came from the U.S. Department of the Treasury: it announced that the scale of its long-term Treasury repo operations would be doubled—doing $4 billion every time! The market immediately smelled a “fiscal backstop,” and money rushed into BTC. On top of that, Trump met with crypto leaders at the White House, and the SEC also floated new regulatory proposals—warm policy winds kept blowing. Spot ETFs also aren’t short of cash: in three days, net inflows totaled $1.1 billion. The greed index shot right into the “Greed” zone (62–69), and retail traders went wild again.
$BTC $SHIB $TSMB
But don’t get carried away—some analysts are pouring cold water: this move is purely panic-driven liquidation of shorts. The Treasury’s move is at most a “pressure release valve,” and it hasn’t really resolved the macro fundamentals. The real test is—once all the shorts are completely wiped out, can spot buying step in and hold? If nobody takes over, this round of explosive gains could just be a “relief rebound” and whether it can turn into a longer bull run depends on whether real money is willing to stay. 🤔
In short, $75,500 is here, but the story has only just begun. Are you chasing it or waiting? See you in the comments! 💥#比特币日内触及75500美元 #比特币创2023年3月来最佳周表现
Why the sudden ramp-up? The fiercest kick came from the U.S. Department of the Treasury: it announced that the scale of its long-term Treasury repo operations would be doubled—doing $4 billion every time! The market immediately smelled a “fiscal backstop,” and money rushed into BTC. On top of that, Trump met with crypto leaders at the White House, and the SEC also floated new regulatory proposals—warm policy winds kept blowing. Spot ETFs also aren’t short of cash: in three days, net inflows totaled $1.1 billion. The greed index shot right into the “Greed” zone (62–69), and retail traders went wild again.
$BTC $SHIB $TSMB
But don’t get carried away—some analysts are pouring cold water: this move is purely panic-driven liquidation of shorts. The Treasury’s move is at most a “pressure release valve,” and it hasn’t really resolved the macro fundamentals. The real test is—once all the shorts are completely wiped out, can spot buying step in and hold? If nobody takes over, this round of explosive gains could just be a “relief rebound” and whether it can turn into a longer bull run depends on whether real money is willing to stay. 🤔
In short, $75,500 is here, but the story has only just begun. Are you chasing it or waiting? See you in the comments! 💥#比特币日内触及75500美元 #比特币创2023年3月来最佳周表现
