🚨 Crypto bulls are showing signs of life again.
Bitcoin has bounced higher after recent weakness, while Ethereum has reclaimed the $1,600 level, giving the market a much-needed boost in confidence.
The sudden move caught many bearish traders off guard, with more than $57 million in short positions wiped out in just one hour as prices accelerated higher.
Whether this marks the beginning of a stronger recovery or just another short-term squeeze remains to be seen, but momentum has clearly shifted back in favor of buyers—for now.
$BTC $ETH
#Bitcoin #Ethereum #Crypto #Trading #BTC
Bitcoin has bounced higher after recent weakness, while Ethereum has reclaimed the $1,600 level, giving the market a much-needed boost in confidence.
The sudden move caught many bearish traders off guard, with more than $57 million in short positions wiped out in just one hour as prices accelerated higher.
Whether this marks the beginning of a stronger recovery or just another short-term squeeze remains to be seen, but momentum has clearly shifted back in favor of buyers—for now.
$BTC $ETH
#Bitcoin #Ethereum #Crypto #Trading #BTC