Bears Crushed as Ethereum Leads a Surprise Crypto Rally
In just 24 hours, the crypto market turned upside down:
📈 Ethereum (ETH) jumped over 20%, breaking above $2,000 for the first time since March.
📉 More than $750 million in short positions were liquidated, with over 84% coming from bearish trades, according to Coinglass.
Other altcoins joined the rally — DOGE, ADA, SOL, XRP all surged between 7% and 15%, as sentiment flipped bullish fast.
Bitcoin also climbed past $100,000, driven by renewed optimism following a U.S.-U.K. trade deal and ETF inflows topping $40 billion.
Is This the Start of the Real Bull Market?
Let’s be honest: this rally feels too fast, too sudden.
ETH had been range-bound for weeks, with weak retail sentiment and falling institutional interest. So why the sudden breakout?
Many point to Ethereum’s Pectra upgrade as the spark. Others say this is simply a classic short squeeze, where overleveraged traders got wiped out and whales took control.
Either way, the real question is not where prices are going — but who’s really driving this market?
Investing or Gambling?
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If you were long on ETH or BTC, this feels like vindication.
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If you were short, you might call it a “liquidation massacre” by market makers.
📉 With Binance and OKX accounting for over $500 million in liquidations, the message is clear:
Retail bears got crushed. Hard.
🟢 Bullish View:
“This is just the beginning. The short squeeze clears the way for a real bull run.”
🔴 Bearish View:
“Too quick, too manipulated — this is a perfect setup for a major dump.”
😶 Neutral View:
“This market feels more like a mind game than real investing.”
👉 What do you think? Is this breakout the start of something bigger or just a brutal trap to wipe out the bears before a crash?
👇 Drop your opinion in the comments — don’t stay silent while the market plays you!
