Published by CentBit.Online – Crypto & Blockchain Expert, Bangladesh
In a dramatic short squeeze, over $50 million worth of Bitcoin short positions were liquidated within the past 60 minutes, as BTC suddenly spiked back above the $100,000 mark following a sharp rebound in market sentiment.
The rapid upward move caught bearish traders off guard, triggering a chain reaction of liquidations across major exchanges including Binance, OKX, Bybit, and Deribit.
“This is the classic short squeeze setup. Too many traders bet against Bitcoin near a critical support level—and the bounce forced mass exits,” said [Insert Analyst Name], crypto derivatives expert at CentBit.Online.
What Sparked the Rally?
Market analysts attribute the surge and short liquidation wave to several key factors:
-
Cooling geopolitical headlines from the Middle East, easing investor fear
-
Institutional dip-buying, including renewed speculation around corporate BTC purchases
-
Market overselling over the past 48 hours, leading to a technical rebound
-
Strong support at the $98,000–$99,000 range
According to data from Coinglass, over $50 million in short positions were forcefully closed within a one-hour window—fueling further upside as automated buy orders were triggered.
Bitcoin Price Snapshot
-
Current Price: $101,200 (↑ 4.7% in 1 hour)
-
24H High: $102,100
-
24H Low: $98,400
-
24H Liquidations: Over $875M (majority long positions earlier, now shorts catching up)
This movement reaffirms Bitcoin’s extreme volatility, especially in high-leverage environments.
Advice for Bangladeshi Traders
For crypto traders in Bangladesh, especially those using leverage via global platforms, this event is a reminder of the risks of shorting during uncertain times:
-
Avoid over-leveraging
-
Use stop-losses and manage margin properly
-
Watch global news cycles and market sentiment closely
“This kind of volatility is where fortunes are made—and lost. Risk management must be the priority,” said [Insert Your Name], founder of CentBit.Online.
Conclusion
$50 million in short liquidations within a single hour is a clear sign that Bitcoin remains highly reactive to sentiment shifts. As the market finds its footing, traders should stay alert, adaptive, and informed to navigate the rapidly changing landscape.
For real-time crypto market alerts, trading insights, and educational resources tailored to Bangladeshi investors, visit CentBit.Online – your #1 destination for digital asset news.
