$BTC
The current Bitcoin market is staging a breathtaking short squeeze, with its trend mirroring the explosive rise after Trump's victory last year. Last night, the price surged past the psychological threshold of $100,000 with unstoppable momentum, resulting in countless short positions being ruthlessly liquidated in this "liquidity slaughter." This article will deeply analyze the current market landscape, reveal the driving forces behind this round of increase, and predict the extreme market conditions that may occur in the future.
Historically astonishing similarity: Trump market 2.0?
Market veterans will not forget the crazy scene after Trump's victory last November—Bitcoin skyrocketed 50% in two months, the Dow Jones Index soared 1,200 points in a single day, and bank stocks along with cryptocurrencies emerged as the biggest winners. Now, a similar scene is unfolding: Bitcoin continues to rise after breaking through $100,000, and this morning, fans lamented the tragic experience of waking up to a stop-loss after opening a short position at $99,000.