JUST IN: Bitcoin Reclaims $91,500 as Spot Buyers Absorb the "Geopolitical Dip".
The market has officially shrugged off the "Greenland Tariff" panic. After a brief wick down to $90,200 to sweep liquidity, aggressive spot bids from Asian sessions have forced a V-shaped recovery. The narrative that geopolitical instability would crash the market has flipped; instead, Bitcoin is once again acting as the "flight to safety" against fiat volatility.
This is a classic "leverage flush."
Over $120 million in short positions were liquidated in the last 4 hours as funding rates reset to neutral. The heavy selling pressure has evaporated, leaving the order book thin on the upside.
Traders should watch the $92,800 resistance level. If we close above this today, the "Tariff Dip" will be confirmed as a bear trap, and the path to new highs resumes.
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JUST IN: Bitcoin Reclaims $91,500 as Spot Buyers Absorb the "Geopolitical Dip".
The market has officially shrugged off the "Greenland Tariff" panic. After a brief wick down to $90,200 to sweep liquidity, aggressive spot bids from Asian sessions have forced a V-shaped recovery. The narrative that geopolitical instability would crash the market has flipped; instead, Bitcoin is once again acting as the "flight to safety" against fiat volatility.
This is a classic "leverage flush."
Over $120 million in short positions were liquidated in the last 4 hours as funding rates reset to neutral. The heavy selling pressure has evaporated, leaving the order book thin on the upside.
Traders should watch the $92,800 resistance level. If we close above this today, the "Tariff Dip" will be confirmed as a bear trap, and the path to new highs resumes.
#Bitcoin #MarketRecovery