The market just flipped.

24 hours ago:

→ $536M in total liquidations

→ $375M of that = SHORT positions getting wiped

When shorts dominate liquidations, it means one thing:

The market is in an uptrend and bears are being punished for betting wrong.

$BTC: crossed back above $66,000 ✅

$ETH: +4% ✅

HYPE: +12% ✅

Trading volume: $110B in 24h ✅

The catalyst? US-Iran peace deal.

Pakistan's PM confirmed it gets signed June 19 in Switzerland.

Strait of Hormuz reopens.

Oil falls. Equities surge. Risk-on returns.

One geopolitical headline just changed the entire market structure.

Don't mistake relief rallies for the bottom.

But don't mistake them for nothing either.

#Liquidations #CryptoMarket

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#Crypto #MarketReport