The Slap Back: After touching highs near $77,400, BTC retreated to the $75,500 – $76,000 zone.

The Liquidation Engine: You're spot on about the carnage. While the price dropped, the volatility triggered $593 million in short liquidations (out of $762M total). It was a "squeeze into a trap"—shorts were wiped on the initial Friday pump, and then the Saturday reversal left the remaining bulls holding the bag.

BTC
BTCUSDT
74,116.3
-1.89%