The short position got squeezed again, $25 million evaporated in an hour, this volatility feels familiar.

CryptoWorld News: Bitcoin rebounded to $78,000 in a short period, adding approximately $30 billion to its market capitalization. This rebound occurred amid a strong short-term squeeze, forcing over $25 million in shorts to be liquidated. Bitcoin rose about $1,400 during Tuesday's trading, returning above $78,000, and market volatility quickly resumed. Although this wave of liquidations appears mild compared to the over $140 million in forced liquidity over the past month, concentrated liquidations within just an hour were enough to trigger sharp price swings. Currently, Bitcoin's market dominance is around 58%, with a market cap exceeding $1.5 trillion.