The crypto market pulled off a dramatic comeback on Friday, just as investors tuned into Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, Wyoming. Powell hinted that a possible rate cut could be on the table at the upcoming Fed meeting on September 16–17, saying:
👉 “The baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.”
This single statement was enough to flip the market mood from bearish caution to risk-on optimism.
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📈 Bitcoin, Ethereum, and Shiba Inu Lead the Rebound
Following Powell’s remarks, the broader market reacted instantly:
Bitcoin (BTC) surged over 3% in just one session.
Ethereum (ETH) outperformed with a powerful 7% spike toward $4,600.
Shiba Inu (SHIB) shocked traders with a sudden 5% hourly surge, moving from $0.00001202 to $0.00001287 in a matter of minutes.
What looked like a slow decline throughout the week suddenly flipped into a wave of green candles.
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⚡ Shiba Inu’s 2,491% Liquidation Shockwave
The sharp pump in SHIB triggered an unprecedented liquidation imbalance. According to CoinGlass data:
Over $206M in shorts were liquidated across the market within one hour.
Shiba Inu alone saw $53,390 worth of liquidations.
Breakdown:
Shorts wiped out: $51,300
Longs liquidated: $2,060
That created a 2,491% liquidation imbalance — a clear sign that traders were heavily short-biased, and one sudden move was enough to blow out their positions.
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🔍 Why This Move Matters
1. Macro Spark – Powell’s rate cut hint reignited bullish momentum.
2. Overleveraged Shorts – A crowded short trade left the market exposed.
3. Meme Coin Power – SHIB showed how even altcoins can react explosively when liquidity shifts.
The event highlights a recurring theme in crypto: when sentiment leans too heavily one way, a sharp reversal often follows.
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🌐 The Bigger Picture
Shiba Inu’s rise may look small compared to Bitcoin or Ethereum, but the liquidation imbalance tells the real story. A highly leveraged market can flip instantly when macro news or liquidity sparks a rally.
For traders, this is another reminder: calm risk management beats chasing the crowd. When fear or greed dominates positioning, those who stay patient and disciplined often win.