$FTM Short Liquidation Surge
Unexpected Breakout: The #FTM market just delivered a jolt to traders, with a huge short liquidation of $5.0375K at $1.33726.
Shorts are scrambling as the price jumps and the trend takes an unforeseen turn. This sharp movement is fueling a rapid shift in sentiment, as bears rush to close positions and bulls eye potential gains.
The market’s volatility is front and center—this is a reminder that in crypto, momentum can change in an instant. Traders who thought the bears had control are now on the defensive.
Keep your eyes peeled for further action and watch for any signs of continued bullish momentum. With this kind of short squeeze, anything can happen next.