Yesterday, $770 million in long positions were liquidated. Today, it's the shorts' turn to pay.
Over the past 24 hours, $216.8 million in positions were liquidated across the market: $129.2 million in shorts and $87.61 million in longs. Shorts accounted for nearly 60%—this rebound was fueled by short covering, not fresh buying.
BTC rose 2.37% over 24 hours to close at $83,410, trading in a range of $81,432–$84,168. ETH gained even more, up 3.46% to reclaim $2,507. The Fear & Greed Index rose from 57 to 62; SOL gained 4.2% to $107.4, and XRP rose 3.87% to $1.37.
The takeaway: rebounds sparked by a short squeeze tend not to last. The technical picture hasn't turned bullish yet—BTC is still below its 20-day moving average at $83,985 and below the Bollinger midline, while ETH's RSI is just 43 and its price is hugging the lower Bollinger Band at $2,439. Glassnode data shows the largest liquidation cluster above Bitcoin is near $90,000, where short positions are most concentrated. For the rally to continue, BTC first needs to break through the $84,000–$86,367 area (the upper Bollinger Band). Volatility will likely pick up around tonight's CPI release, so avoid maxing out your futures positions before the data comes out.
Key levels to watch:
BTC | Resistance: $83,985 (20-day MA) → $86,367 (upper Bollinger Band) → $87,396 (30-day high)
BTC | Support: $81,602 (lower Bollinger Band) → $81,130 (50-day MA) → $74,968 (30-day low)
ETH | Resistance: $2,557 (50-day MA) → $2,627 (20-day MA) → $2,807 (30-day high)
ETH | Support: $2,439 (lower Bollinger Band) → $2,359 (30-day low) → $2,139 (200-day MA)
Data as of: 2026-10-14 00:30 UTC
Sources: BlockTempo; CoinDesk
For informational purposes only. This is not investment advice.
I update this list of key levels daily—follow me so you don't miss it 📊
After tonight's CPI release, do you think BTC will hit $84,000 first or retest $81,000 first?
$BTC $ETH
#BitcoinBackAbove83000
Over the past 24 hours, $216.8 million in positions were liquidated across the market: $129.2 million in shorts and $87.61 million in longs. Shorts accounted for nearly 60%—this rebound was fueled by short covering, not fresh buying.
BTC rose 2.37% over 24 hours to close at $83,410, trading in a range of $81,432–$84,168. ETH gained even more, up 3.46% to reclaim $2,507. The Fear & Greed Index rose from 57 to 62; SOL gained 4.2% to $107.4, and XRP rose 3.87% to $1.37.
The takeaway: rebounds sparked by a short squeeze tend not to last. The technical picture hasn't turned bullish yet—BTC is still below its 20-day moving average at $83,985 and below the Bollinger midline, while ETH's RSI is just 43 and its price is hugging the lower Bollinger Band at $2,439. Glassnode data shows the largest liquidation cluster above Bitcoin is near $90,000, where short positions are most concentrated. For the rally to continue, BTC first needs to break through the $84,000–$86,367 area (the upper Bollinger Band). Volatility will likely pick up around tonight's CPI release, so avoid maxing out your futures positions before the data comes out.
Key levels to watch:
BTC | Resistance: $83,985 (20-day MA) → $86,367 (upper Bollinger Band) → $87,396 (30-day high)
BTC | Support: $81,602 (lower Bollinger Band) → $81,130 (50-day MA) → $74,968 (30-day low)
ETH | Resistance: $2,557 (50-day MA) → $2,627 (20-day MA) → $2,807 (30-day high)
ETH | Support: $2,439 (lower Bollinger Band) → $2,359 (30-day low) → $2,139 (200-day MA)
Data as of: 2026-10-14 00:30 UTC
Sources: BlockTempo; CoinDesk
For informational purposes only. This is not investment advice.
I update this list of key levels daily—follow me so you don't miss it 📊
After tonight's CPI release, do you think BTC will hit $84,000 first or retest $81,000 first?
$BTC $ETH
#BitcoinBackAbove83000