Bitcoin just had a very strong breakout, rising about 8% in 24 hours, at one point surpassing $76,000–$77,000. 🔥 3 main drivers: 🏦 Strong return of ETF inflows: Spot Bitcoin ETF recorded about $606 million inflow on August 20, marking the 4th consecutive day of inflows. 💥 Short squeeze: Over $1.2 billion in short crypto positions were liquidated in 24 hours, creating forced buying pressure and pushing $BTC to rise faster. 🇺🇸 US liquidity & policy: The Treasury's increase in the scale of long-term bond buybacks is being viewed by the market

The market has just experienced a very strong fluctuation following the breakout of $BTC. The latest data shows that the Short side is still under heavy pressure. ₿ BTC Total 24h liquidations: about $461M 🔴 Short: the majority, about $400M+ 🟢 Long: the remainder, about $50–60M $BTC's strong rise triggered a short squeeze, forcing many Short positions to buy back to close their trades. ♦️ ETH Total 24h liquidations: about $176M 🔴 Short also clearly dominates. Some data records show that $ETH alone had hundreds of millions of USD in Shorts wiped out during the period

Bitcoin just had a massive short squeeze, surging strongly from the $63K range to above $70K, at one point reaching about $71K–$71.7K. 🔥 Short liquidation: 🔴 Approximately $2.7–$3 billion in short orders in the crypto market were liquidated during the rally. BTC alone had over $1 billion in shorts liquidated in just about 1 hour. More than 160,000 traders were affected by the squeeze. 📈 Notably: When shorts are liquidated, the system is forced to buy BTC to close positions → creating additional buying pressure and pushing the price up faster. Therefore, part of this pump was due to the

📊 Currently, $ETH is showing stronger price strength than $BTC in the short term. $ETH just surpassed $2,000, reaching about $2,100 at one point, while $BTC recently experienced a breakout to the $69K–70K range. 🟠 BTC: ~$69K–70K, with larger market liquidity and derivatives scale. 🔵 ETH: ~$2.0K–2.1K, currently having stronger momentum in terms of % increase. 💰 Market liquidity/depth: BTC is still larger than ETH. BTC has greater market cap, volume, and derivatives OI; recent data recorded BTC OI around $47.9B, indicating a very large BTC futures market

🔥 After the strong surge of $BTC on August 19, the derivatives market just experienced a massive short squeeze. The latest data shows that within 24 hours, about $269.5M worth of $BTC positions were liquidated, including: 🔴 Long: about $214.6M 🟢 Short: about $55.0M 📊 Total: ~$269.5M BTC liquidations. ⚠️ However, it should be noted that the previous strong surge wiped out a huge amount of Shorts: the entire market saw over $1.4B Shorts liquidated, while Longs were about $168M in a single squeeze on August 19. 📌 What I’m paying attention to now: after

📊 Latest data: In the past 24 hours, BTC recorded about $17 million in liquidations, including: 🔴 Short: ~$16.34M (95.9%) 🟢 Long: ~$0.69M (4.1%) ⚠️ Shorts were overwhelmingly squeezed, mainly due to $BTC bouncing from the $62.7K area. 🔥 Notable point: This indicates the recent rebound created a short squeeze rather than a Long liquidation. CoinGlass is also monitoring large liquidation clusters on both sides around $BTC. Perspective: If $BTC continues to hold above the $64K–65K range, Shorts may continue to face pressure. Conversely, if it loses that level

Price increase is a positive signal in the short term, but the lack of volume indicates that buying pressure is not yet strong enough to confirm a reversal. This could just be a technical rebound after previous selling pressure. If $BTC continues to hold the current price range and volume starts to increase, the rebound will be more reliable. Conversely, if the price rises but volume continues to weaken, there is a high chance $BTC will face profit-taking pressure and retest support. Currently: a 2% rebound is a good signal, but not enough to call it a breakout. Observing v

📊 The latest data I found for $BTC shows that the Long side is under greater pressure than the Short side: 🔴 Total $BTC liquidations in 24h: about $10.5 million 🔻 Long liquidations: about $8.59 million (~81.9%) 🟢 Short liquidations: about $1.90 million (~18.1%). ⚠️ This means the amount of Long positions being liquidated is currently about 4.5 times higher than Shorts. 📌 What does this indicate? $BTC is experiencing enough downward pressure to sweep Long positions using leverage. However, the current liquidation level is not yet a massive liquidation cascade. 🔥 Key zones needed

📊 Bitcoin (BTC) is still fluctuating around the $63.5K–$64K range, with no clear breakout in the market. Liquidity and volatility are relatively low, so even a single break of support/resistance could trigger a large amount of leveraged orders. 🔥 Long/Short Liquidations: The latest data shows that Long positions are at higher risk of being liquidated as $BTC heads toward the support zone. A recent report recorded total crypto liquidations of about $236 million/24h, indicating that leverage is being withdrawn from the market. CoinGlass has liquidation data for $BT

📊 Current $BTC: BTC Price: ~63,600 – 64,000 USD 🔄 24h Volatility: slight, no clear direction yet 🌐 Total crypto market capitalization: ~2.19 trillion USD 😨 Fear & Greed Index: ~37–38 Fear, investor sentiment remains cautious. 📉 Market movement: $BTC is consolidating in a narrow range after multiple failures to hold the 65,000 USD level. Trading volume is decreasing, indicating investors are waiting for a bigger catalyst before opening new positions. Market sentiment still leans towards fear as many traders