The Magical Drama of the Crypto Market: Trump’s Moment of Thought, A Dramatic Reversal from Bear to Bull in Two Days. The market rhythm has long deviated from conventional predictive tracks, and Trump's attitude has become the absolute dominant force. News of escalating geopolitical conflicts triggered panic the day before, with Bitcoin plunging to $98,200, and the long positions faced record-high liquidation for the quarter — those who chased the price at $102,000 were quickly squeezed by shorts. But when market sentiment completely turned pessimistic, and shorts heavily positioned at $102,000, a dramatic twist suddenly arrived: the announcement of a ceasefire agreement caused Bitcoin to soar to $106,100 within 24 hours, completing an extreme switch from “blood flowing like a river” to “a feast of revelry” in just two days.
This is the brutal allure of the crypto market: just the day before, witnessing long positions being liquidated, and the next day witnessing the despair of shorts being squeezed. When most people thought $98,000 was the starting point for a new downturn, the major funds precisely harvested gains by leveraging news reversals — the positions that chased shorts at $102,000 ultimately became fuel for the rally. In two days, the futures market experienced two rounds of liquidation waves, with total liquidation amounts exceeding $1.2 billion, enacting the classic script of “longs die before dawn, shorts fall during the charge.”
In this battlefield dominated by sudden news, technical analysis has become a supporting role, and public sentiment games have become the core principle. When the market unanimously turns bearish, any positive news can be amplified into a surge of momentum; when everyone chases the price upwards, an ambiguous piece of negative news can trigger a stampede. Such extreme volatility can double positions within 48 hours or wipe out capital in a matter of minutes — after all, in the crypto market, two days can encompass half a year of bull and bear cycles in traditional markets. #加密市场反弹