BTC has returned to 74,000. This recent rally came out of nowhere—whenever geopolitical tensions flare up, everyone remembers "digital gold" and capital flows into crypto markets, directly pushing prices higher.
With the US regulatory stance softening, Thailand's stablecoin compliance framework landing, plus Trump calling for a "crypto capital," both institutions and retail traders feel things are "locked in," rushing to buy.
Right after prices broke through key levels, a flood of short sellers were forced to close positions at a loss—essentially "shorts covering to longs"—creating a sudden su
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