Bitcoin just broke through $72.150 today, up 1.28% over the last 24 hours after traders returned from the Easter holiday with good news about the potential 45-day Iran ceasefire. This is the most significant move in recent days, and it clearly feels different from previous rallies.

What’s interesting about the latest crypto news is massive short liquidations—nearly $200 million in a single day. The ratio is 3-to-1 between the short and long positions liquidated, showing that the majority of traders were previously heavily betting on a price drop. So when sentiment suddenly shifted on the ceasefire news, those positions were immediately forcibly closed.

Ether rose 1.67% to $2.220, Solana $83,63 (+1,65%), XRP remains at $1,34, and Doge is also up. The total crypto market cap has already returned above $2.5 trillion.

But the reality is that Bitcoin is still stuck in the same $65,000–$73,000 channel for the past five weeks. The next resistance levels are at $71.500 and $81.200. So even with the good momentum from the ceasefire news, whether this rally can break out or will just bounce again depends on whether this deal actually materializes—or turns into a headline that disappears within 48 hours, as usual. That’s the key question in this week’s crypto news. Social media sentiment was the most bearish since the war began—five negative posts for every four positive ones—and now it has suddenly reversed. Classic crypto move.