📊 The market is showing signs of strength again.



In the past 48 hours:

$BTC ‌ has reclaimed the $62,000 level

$ETH ‌ is trading back above $1,700
• More than $140M in short positions were liquidated in just 60 minutes
• Approximately $135B has flowed back into the crypto market

The move isn't just about price appreciation.

It's also being driven by positioning, with bearish bets getting squeezed as momentum returns.

A strong reminder of how quickly sentiment can change in crypto.

#GateStocksTransferLive
#CirclePlunges17%
#GateCardPointsSystemLaunched
BTC1.12%
ETH2.64%
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AccountantsAlsoGetInto
· 15h ago
The shorts got crushed pretty badly this round—$140 million liquidated in 60 minutes. The market flips faster than turning a page.
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MintLiquidationWarning
· 23h ago
BTC is at 62K, but Circle dropped 17% - what's going on? Can someone explain?
View OriginalReply0
NonceWhisperer
· 07-02 17:08
135 billion backflow, is this institutions starting to bottom-fish or retail FOMO?
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ReorgPanicButton
· 07-02 14:29
After enduring the bear market for so long, finally seeing a glimmer of dawn, but I dare not go long.
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PerpPaperTiger
· 07-02 14:14
Short squeeze market conditions - chasing longs is actually quite risky. I'll wait and see.
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SunshineCollector
· 07-02 14:12
What does the hashtag #GateStocksTransferLive mean? Can stocks also be transferred?
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TheSolitaryRockBehindThe
· 07-02 14:11
Is Circle's 17% plunge related to this rebound? Stablecoins aren't very stable.
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AncientKeysUnlockNewChains
· 07-02 14:11
If ETH holds 1700, is alt season coming soon?
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CyberBridgeDeepPerspective
· 07-02 14:10
That’s how the market is: when you’re desperate, it suddenly gives you hope, and then you may fall into despair again.
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GlassDomeRoaming
· 07-02 14:10
The 62K level is crucial; only if it breaks through and holds steady can we see higher.
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