Just watched Bitcoin finally break through that stubborn $73K resistance after Trump signaled willingness to talk with Iran. Price jumped to around $80.9K now, which is wild considering where we were just days ago. The move triggered massive liquidations across the market, with short positions getting absolutely crushed to the tune of $430 million in losses.

Everything's been moving up hard. Ethereum surged past $2.3K, Solana's now sitting at $95, and honestly every major coin in the top 10 is showing green on both daily and weekly charts. SOL's been the standout performer, up over 12% on the week. The liquidation cascade was intense too, with $534 million wiped out in total, mostly from traders who were still betting on a breakdown at that $73K level.

Largest single liquidation was a $12.4 million BTC short that got absolutely rekt. Bitcoin accounted for $229 million of the total liquidations, Ethereum another $136 million. The whole thing happened in a compressed 12-hour window where $379 million got wiped in that period alone.

Traders are now eyeing the next major resistance around $79K, where a lot of active buyers from the recent dip are sitting at breakeven and might start taking profits. The path up from here looks relatively clear technically, though geopolitical risks are still hanging over the market with that Hormuz blockade and the ceasefire expiring soon. But for now, the coin surges are reflecting optimism about renewed diplomacy.

On the macro side, oil's easing, Treasury yields dropped, and the broader market's finally recovered from the Iran conflict losses. Even saw that CME is planning to launch Bitcoin volatility futures in June, which shows institutions are getting more serious about crypto exposure.