📰 Crypto News – Market Surge & Liquidations 🚨
Bitcoin & Ethereum rally triggers huge short liquidations
🔹 Bitcoin and Ethereum have seen sharp breakouts today, causing nearly $700 million worth of short positions to be liquidated as traders betting against the rally were forced out. This move reflects strong bullish momentum in the market and renewed confidence from traders.
📌 Why this matters:
• Short liquidations often fuel further upside momentum.
• Breakouts in BTC & ETH can lift overall crypto market sentiment.
• Traders should note high volatility and manage risk accordingly.
My Take 🧠
When big breakout moves shake out weak shorts, the strong trend can gather even more steam — especially if buyers step in consistently.
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