Bitcoin reclaims $86K, Ethereum hits $2,728 as $129M in shorts get liquidated
- —BTC gained 2.1% to $86,578; ETH rose 1.27% to $2,728
- —24-hour liquidations hit $128.7 million, 80.6% shorts
- —Largest single liquidation was $5.63 million on ETH/USDT
- —Fear and Greed Index rose from 65 to 70
Why it matters: The rally was driven by short squeezes, which can unwind quickly: BTC's RSI sits at 68.7 while MACD remains in a bearish setup.
Source: 動區 BlockTempo
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