#比特币反弹 Geopolitical risk cools down, triggering a short squeeze rally

Bitcoin experienced a violent rebound from April 22 to 23, with the price strongly rising from below $74,000, once breaking through the $79,000 threshold, with a 24-hour increase of over 10%. The core driving force of this rally is macro sentiment recovery: the United States announced an indefinite extension of the Iran ceasefire agreement, greatly easing geopolitical tensions, and market risk appetite quickly rebounded.

Leverage liquidations and capital inflows resonate

This rebound exhibits typical "short squeeze" characteristics. After the price quickly broke through key resistance levels, it triggered large-scale short stop-losses. According to Coinglass data, over $300 million was liquidated across the entire network in the past 24 hours, with short positions accounting for over 70%. Meanwhile, the US Bitcoin spot ETF has experienced net inflows for six consecutive days (totaling over $1.5 billion), with continuous institutional buying providing solid spot support for the rebound.

The battle before the $80k threshold

Although the price approaches the psychological barrier of $80,000, market divergence still exists. Some on-chain data shows large holders reducing their holdings on rallies, and funding rates are relatively high, increasing short-term volatility risks. For you in Jingmen, Hubei, beware of high-level oscillations; if ETF inflows weaken persistently or geopolitical situations change again, the sustainability of the rebound will be put to the test.