#BTC BTC breaks through 85K, ETH big pump triggers liquidation surge!

The cryptocurrency market in recent days feels like a thrilling blockbuster, with twists and turns, surprises and shocks. Bitcoin (BTC) has strongly broken through the 85,000 USD mark, while Ethereum (ETH) has surged above 2,000 USD, with a total liquidation of 213 million USD across the network. At the same time, the U.S. government suddenly introduced new regulatory measures, making market sentiment even more complex.
Bitcoin rises above 85,000 USD, bull market starting?
Bitcoin (BTC) suddenly surged, briefly breaking through $85,263, with a daily rise of over 3%. This wave of rise directly ignited the market's FOMO sentiment, with many investors beginning to speculate whether BTC has already stabilized at the starting line of a bull market. If BTC can hold above 85K in the coming days, and even break through 90K, it seems that the big pump towards the historical high of 100K is not just a dream!
ETH big pump, 24 hours Get Liquidated 213 million USD!
Ethereum (ETH) has been gaining momentum lately, breaking through 2,000 USD directly on March 19, with a daily peak rise of over 7%, causing many shorts to instantly "Get Liquidated"!
According to Coinglass data, 88,000 people have been Get Liquidated across the network, totaling 213 million USD, with the largest single Get Liquidated occurring in ETH!
Short-term ETH trend:
$2,000 has become a key support level; if it holds, it may continue to challenge $2,100 or even higher!
If there is a correction, the range of $1,850 to $1,900 may have strong support!
New actions from US regulators: they want to turn confiscated BTC into national reserves.
On March 6, U.S. President Trump signed an executive order requiring the government to establish the confiscated Bitcoin as a strategic reserve, and also plans to launch a "digital asset reserve" system.
This policy directly affects market sentiment, causing BTC price fluctuations to become more intense, and it may also impact the pace of future institutional entry.
After BTC broke 85K, the bullish strength is still dominant, but regulatory risks cannot be ignored!
After ETH stabilizes above 2,000, there may be short-term fluctuations, but the DeFi ecosystem is active, and the long-term outlook is bullish!
The impact of U.S. policies has not yet fully manifested, which may lead to market fluctuations in the short term; be mindful of risk management!
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