Bitcoin causing the largest short liquidation event in 2025, the extended bear market could finally end. On the last day, the market experienced an incredible $ 618 million in liquidations with $ 317 million from this amount from Bitcoin. The main cause of this was a huge short pressure in which the 100x shorts with an excessive lever effect was quickly eliminated.
Coinglass data indicate that there are a lot of high -level activities on the Bitcoin liquidation thermal card, in particular on exchanges such as binance and appeal. While Bitcoin jumped beyond the crucial resistance levels, many sellers uncovered suffered their loss of arrest and their margin calls, as evidenced by the concentration of liquidation zones around the levels of $ 92,000 to $ 94,000.
Technically speaking, Bitcoin is now negotiated above $ 93,800 after having decisively pierced several medium mobile resistance such as EMA 50, 100 and 200 days. The Haussier story is further reinforced by the technical meaning of the break and the increase in commercial volume. A cascade effect of the liquidation mania has come closer to the bitcoin of its next psychological barrier, which is $ 100,000.
Related
The liquidation thermal card shows that there is currently little resistance to this point, indicating that the rally can continue with little opposition. In addition, the feeling of the market has changed quickly. Despite the fact that the RSI indicator approaches a territory on the purchase, the magnitude and the momentum of the liquidations suggest that this could be the beginning of a new bull phase rather than a brief points.
The way to follow appears clear with the compensation of high leverage shorts and the violation of technical resistance zones. The bulls have regained control, and unless there is an external event that changes this trend, Bitcoin seems to be on the right track for more short -term growth. This short pressure could be recalled as the pivot event of 2025 when the Bears lost control and the ascent of Bitcoin has reached new heights.
