Just watched bears get caught badly again. Bitcoin pushed through $80K and triggered over $370 million in liquidations in the last 24 hours, with shorts taking the brunt of it. Something like $302 million came from short positions being forced to unwind as the price rallied. The setup is pretty clear when you look at it - funding rates on Bitcoin perpetuals have been negative all month, meaning shorts were paying longs to stay short. Every time price pushes higher, that trade just explodes.

Ether followed the move up, and the liquidations were spread across the board. What's interesting is this is the second major short squeeze in two weeks. Seems like the market structure is shifting and bears keep getting caught on the wrong side. Open interest is climbing across major tokens too - ZEC, ETH, and BTC all showing strong gains in futures positioning.

Meanwhile, RWA tokens are having their moment. ONDO rallied hard on the back of regulatory clarity around tokenized assets. The broader market is still grinding higher - Solana up, Dogecoin continuing its run, altcoins outperforming. Spot Bitcoin ETFs pulled in nearly $154 million last week alone. Analysts are watching for consolidation above $85K to confirm the breakout holds. Definitely a different vibe than a few weeks ago.