The bears are in trouble and the crypto market is on fire!🔥
👀In the last 24 hours, the crypto market experienced an authentic shake-up: over $635 million were liquidated! Yes, you read that right: $635.9M disappeared as if they were shitcoins in a bear market 🫠
But that's not all... more than 88% of these liquidations were from short positions, making it clear that the bears are suffering while Bitcoin keeps climbing relentlessly ⏫🐂
🚀BTC breaks $94K and aims higher... up to $100,000? 🤑
🎖⚔️Bitcoin led the massacre: $293M in shorts liquidated while it rose more than 6%, touching $94,236.
🔥ETH didn't fall behind: +10% rise and $109M in liquidations.
⚔️The wildest action was seen on Binance, with $18.7M liquidated in just 4 hours. Other platforms like Bybit and OKX also felt the earthquake.
The volatility is so spicy that even the coldest bot can't handle so much movement ⚡️
🩳Is a short squeeze on the way? Mister Crypto says it clearly: "The liquidity is at $100K"
According to this popular analyst, the desperation of the bears 🐻 is reaching historical levels. He shared a heat map from Binance on X that shows how liquidation orders are dangerously clustering near $100,000.
And you know what happens when the shorts rush to cover: BOOM! Short squeeze in 3... 2... 1... 💣
What if it doesn't reach? Some experts are more cautious 🤓
Vincent Liu from Kronos Research is not so sure. Although he sees optimism in the market, he believes that the U.S. monetary policy, geopolitical tensions, and the Fed meeting on May 6 could cool 🧊 things down.
In his words: “Without rate cuts or solid international agreements, BTC could end up dancing between ranges.”
👀🤔Will we see BTC touch $100K this week? Or is it just an optical illusion of the bulls?
📌 Sources: Cointelegraph, CoinGlass, CoinMarketCap
🫵🏻🤔What do you think, community?
Are we facing the 🩳 most epic short squeeze in history or is it just smoke 💨🐋🐳 from whales?
👉🏻Leave it in the comments!
👉🏻Follow me, 👍 for more hot news from the crypto world and share this note with your trading people
See you in the next pump!🤚🏻
