Bitcoin surged past a key resistance level on Wednesday, lifting the broader crypto market and triggering a wave of liquidations as traders repositioned their bets. The move signaled renewed buying interest and helped momentum tilt toward risk assets across the sector. Altcoins followed higher in tandem, with several major tokens posting double-digit gains as liquidity returned to the market.
The rally underscores a renewed appetite among traders and investors amid improving sentiment for crypto assets. Analysts caution that resistance levels and risk management remain crucial, with potential volatility ahead as traders watch for follow-through signals and evolving on-chain data.
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