Despite the uptick, the market remains sensitive to external factors. Recent comments by former President Donald Trump regarding the Federal Reserve and potential rate cuts have stirred discussions, though no immediate policy changes have occurred .
Additionally, significant liquidations have been observed:
$BTC Longs: $342.9 million
$ETH Longs: $285 million
These liquidations suggest that aggressive bullish positions were caught off guard, contributing to heightened volatility .
