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🚨 Crypto just reminded everyone how fast sentiment can flip A few hours of calm… and suddenly the market explodes.
Bitcoin pushed straight through $70K, Ethereum followed above $2K, and within minutes the squeeze started.
More than $55M in shorts wiped out as price moved higher.
This is the classic market trap.
When too many traders lean the same way, the market does the opposite fast and violently.
Short squeezes like this don’t just move price.
They reset sentiment.
Fear turns into FOMO.
Doubt turns into momentum.
The real question now isn’t the move we just saw…
It’s whether this is the start of a larger expansion or just the market clearing out weak positioning.
Either way, one thing is clear:
When Bitcoin moves, the entire market pays attention.
$BTC $ETH
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