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📰 Bitcoin & Ethereum Rally Shakes the Market
Massive Short Liquidations After Strong Breakout
The crypto market saw a powerful move as Bitcoin and Ethereum both broke key resistance levels, forcing hundreds of millions of dollars’ worth of short positions to close.
Bitcoin surged above the long-standing $95,000 resistance, a level that had capped price action for nearly two months. After the breakout, BTC quickly climbed to an intraday high of $ETH 97,800, posting a 3.5% gain within 24 hours.
Ethereum followed with even stronger momentum. ETH jumped nearly 5%, reaching $3,380 and crossing the $3,300 mark for the first time in 2026, signaling renewed strength in the broader altcoin market.
💥 $700 Million Shorts Wiped Out
This sharp upside move triggered approximately $700 million in liquidations, mostly from traders who were betting against the market using leverage. Bitcoin and Ethereum shorts made up the largest share of these forced liquidations.
Market analysts say this breakout reflects a return of risk appetite, with momentum indicators now favoring continuation rather than a quick pullback.
📈 Market Outlook
With Bitcoin holding above $95,000 and Ethereum stabilizing above $3,300, sentiment has shifted back to bullish. If volume remains strong, traders expect higher price expansion in the coming sessions.
🔍 Short Technical Analysis (Simple)
Bitcoin (BTC)
Resistance broken: $95,000 ✅
New support zone: $95,000–$94,200
Momentum: Bullish continuation likely
Ethereum (ETH)
Resistance broken: $ETH 3,300 ✅
New support zone: $ETH
3,250
Trend: Strong bullish structurestructure
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Cheak It My Correct Analysis
BUY (pullback)
Entry Price: 0.1400 – 0.1410
Take Profit: TP1: 0.1445 | TP2: 0.1460
Stop Loss: 0.1370

Before Analysis
After Analysis
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