Continuing yesterday’s weekend strategy, weekend liquidity was thin, and the main move was still Friday night’s long-short wipeout, leaving nearly everyone who was trading at the time either liquidated or trapped.

Crypto markets don’t move in a straight line. Some days bring strong momentum, while others remind us to slow down and manage risk.
I’m focusing on learning, watching market trends, and making decisions with patience instead of chasing every move. In crypto, consistency and discipline can matter more than short-term hype.

Over the past 24 hours, $674 million was liquidated across the market, with nearly 100k positions wiped out on-chain and on exchanges. Shorts accounted for $381 million in liquidations, while longs accounted for $292 million, so on the surface, shorts appear to have taken the heavier losses.
Bitcoin’s long and short liquidations were basically evenly split, both hovering around $90 million. Ethereum, however, was a one-sided slaughter: $96.73 million in long positions were liquidated, compared with $215 million in short positions. The $20.28 million single-position ETH-USD liquidation on Hyperliquid was most likely a large, highly leveraged short seller whose entire margin was consumed by the matching mechanism at the moment funding rates and liquidity tightened extremely sharply.
The apparent driver behind this violent shakeout was macroeconomic data. Core CPI came in 0.1% higher month-over-month, and the seemingly minor deviation directly pushed the probability of a rate hike to 80%; U.S. Treasury yields approached 5%, while crude oil settled above $104.