#BTCBackto100K

1. Bitcoin surged above $103,000, leading to over $900 million in liquidations within 24 hours, a 200% increase from the previous day.

2. Bitcoin shorts accounted for $321 million in liquidations, while open interest rose by 5% to $133 billion, indicating new leveraged bets.

3. The average crypto relative strength index increased to 70, suggesting overbought conditions.

4. The liquidations spike followed a market rebound, with the total crypto market value reaching $3.3 trillion, its highest since early March.