The crypto market sees a broad rebound. Ethereum surged from a 24-hour low of $1,605 all the way to $1,725, now at $1,706, leading the market with a 6.26% daily gain; Bitcoin rebounded from yesterday's low of $59,776 to $61,507, up 2.86%. Driven by a short squeeze, the total liquidation across the market in 24 hours reached $458 million, with shorts accounting for the majority, as $174 million in short positions were liquidated in 12 hours. Although the Fear and Greed Index has recovered to 21, it remains deep in "extreme fear," showing a clear divergence between sentiment and price.

(Previous Recap: Bitcoin Strongly Bounces Back to Nearly $61K! $450 Million in Short Positions Wiped Out, Fear Index Still at 19)
(Background Supplement: Citigroup Cuts Bitcoin Price Target to $82K for Second Time: ETF Net Inflow Assumption Zeroed Out, Funds Shift to AI)