Based on CryptoDnes, Bitcoin has rebounded sharply to around $90,000, up over 3% in 24 hours after falling near $82,000. Trading volume has exceeded $65 billion, with over $100 million in leveraged short positions liquidated. The broader crypto market has also seen a recovery, with total capitalization rising to $3.09 trillion. Analysts are watching key resistance levels, particularly $92,000, as a potential sign of a broader trend shift. The Fear & Greed Index remains in 'Extreme Fear,' and the Bitcoin-to-Gold ratio has hit rare oversold levels, historically linked to strong BTC performance. Traders are debating whether the rebound signals a psychological shift or a temporary relief rally.
Bitcoin Surges Past $90K Amid Strong Short Liquidations and Market Recovery
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