📈 BTC Rallies ~8%, Triggers ~$330M in Liquidations
• Bitcoin surged roughly 8% in a sharp rebound, catching leveraged positions off-guard as price quickly flipped key resistance zones.
• The move sparked approximately $330 million in futures liquidations, mostly longs squeezed out as funding rates adjusted and stop-losses hit.
• Sudden volatility like this often reflects forced deleveraging — traders with high leverage get closed automatically as price moves fast.
💡 What it means:
✔ Bullish momentum can flush weak hands
✔ Liquidation events deepen short-term volatility
✔ If BTC holds the breakout zone, buyers may step in sustainably
Short squeeze + rally = liquidity sweep…
Now watch for follow-through or chop.