#Liquidations
🚀 $BTC is tearing up the market: +$80,000 and over $180M in short liquidations in an hour!
Friday evening turned up the heat for those betting against crypto. Despite a string of negative macro news, Bitcoin surged sharply, breaking the $80,000 mark for the first time since September 7.
⚡ What happened:
Short squeeze of the year: Over $192 million in liquidations in a single hour, with more than $183 million coming from short positions. On the daily timeframe, the capitulation is even greater—$450 million wiped out and over 100,000 traders knocked out of the market!
BTC and altcoins in the green: The biggest hit fell on BTC ($119 million in liquidations) and ETH ($36 million). Amidst Bitcoin's surge, Ethereum firmly established itself above $2,550, while XRP jumped to $1.35.
🏛 Why is this unexpected?
The market completely ignored the wave of negative news from recent days:
1. The US Senate blocked the CLARITY Act (a 50-49 vote failure due to ethical disputes).
2. The Federal Reserve raised interest rates to the 3.75%–4% range on Wednesday.
3. The Bank of Japan raised rates to a 31-year high today.
Instead of dropping to $70k, the market absorbed all these factors and launched a powerful bull run.
📊 Lesson of the day: Never underestimate bear traps when the aggregate market maker decides to sweep liquidity from above.
🚀 $BTC is tearing up the market: +$80,000 and over $180M in short liquidations in an hour!
Friday evening turned up the heat for those betting against crypto. Despite a string of negative macro news, Bitcoin surged sharply, breaking the $80,000 mark for the first time since September 7.
⚡ What happened:
Short squeeze of the year: Over $192 million in liquidations in a single hour, with more than $183 million coming from short positions. On the daily timeframe, the capitulation is even greater—$450 million wiped out and over 100,000 traders knocked out of the market!
BTC and altcoins in the green: The biggest hit fell on BTC ($119 million in liquidations) and ETH ($36 million). Amidst Bitcoin's surge, Ethereum firmly established itself above $2,550, while XRP jumped to $1.35.
🏛 Why is this unexpected?
The market completely ignored the wave of negative news from recent days:
1. The US Senate blocked the CLARITY Act (a 50-49 vote failure due to ethical disputes).
2. The Federal Reserve raised interest rates to the 3.75%–4% range on Wednesday.
3. The Bank of Japan raised rates to a 31-year high today.
Instead of dropping to $70k, the market absorbed all these factors and launched a powerful bull run.
📊 Lesson of the day: Never underestimate bear traps when the aggregate market maker decides to sweep liquidity from above.
