📊 BTC & ETH Breakouts Trigger Short Liquidations
Bitcoin and Ethereum surged above key resistance levels, forcing traders positioned for price declines to close their positions. This led to nearly $700 million in liquidations, adding strong buying pressure and driving prices higher.
The move cleared bearish positions and improved overall market sentiment, often signaling stronger short-term momentum across the crypto market.
#Bitcoin #Ethereum #ShortLiquidations #CryptoTrading #MarketMomentum #BullishMove
BTC
68,588.11
+5.25%
ETH
2,023.79
+7.12%