Bitcoin Liquidations Don Blow as BTC Pass $110,000, E Dey Cause Short Squeeze and Market Rally for US-China Trade Talks

Bitcoin liquidation dem increase well well as BTC climb pass $110,000, e cause more than $404 million liquidation inside 24 hours, with more than $320 million comot from short position for just 12 hours. This price jump na wetin dem dey call short squeeze, e cause by short-seller wey carry too much leverage as Glassnode chain data show. The strong liquidation wey affect over 99,000 traders and big exchange dem like Bybit, Binance, Gate, and HTX na sign say market dey very volatile. The good market vibe dem add more juice after US and China kon start trade talk again for London, dem wan fix mineral export and reduce their tension wey don long, fit make market risk go up. Because of this, e no be only Bitcoin wey jump, altcoins like Ethereum (ETH), Solana (SOL), Cardano (ADA), and Sui (SUI) also gain well. Hyperliquid (HYPE) top with more than 10% gain daily and 48% gain for 30 days, meme coins like Dogecoin (DOGE) get mixed results, DOGE still dey go down. Tech and semiconductor stock for US market also gain small, but crypto market volatility still big wahala. Analysts talk say strong institution buy, better macro situation, plus aggressive short liquidation mean good chance for traders dem. But because market still dey waka anyhow, proper risk management still important, cos both bull and bear position fit easily lose money quick quick.