Bitcoin has reclaimed the $78,000 level, up around +1.7% in the past 24 hours, and the market is now approaching a critical liquidation trigger zone. If BTC manages to break above $80,000, data from major CEXs suggests: Nearly $947M worth of short positions could be at risk of liquidation This sets the stage for a high-risk short squeeze scenario: - Shorts forced into mass covering - Price acceleration driven by forced buying - Liquidity rapidly consumed in a short time window In setups like this, Bitcoin is no longer just "moving higher" It becomes a liquidation engine for the entire market. Altcoins typically react even more aggressively: - Sharp volatility expansion - Rapid capital rotation - Thin liquidity leading to violent price swings Right now, the market is sitting at a highly sensitive threshold: Below $80K: normal consolidation and range behavior Above $80K: potential cascade of liquidations amplifying momentum This is no longer a simple trend discussion… It’s a positioning and liquidity imbalance game across the entire crypto market. $BTC $ETH