Bitcoin leads, altcoins lag – Analyzing if the tre
Bitcoin leads, altcoins lag – Analyzing if the trend is here to stay
Bitcoin surges post-ETF and triggers short squeezes while altcoins face heavy long liquidations and bearish pressure.
Ever since spot Bitcoin [BTC] ETFs came out, the market has shown a clear separation between altcoins and Bitcoin, specifically regarding liquidation behavior. As Bitcoin’s price increased, short liquidations surged. Meanwhile, altcoins faced heavy long liquidations as investors overestimated a rally. ce’s Cumulative Liquidation Delta (CLD) highlights this contrast. Bitcoin short liquidations exceeded longs by $190 million, showing strong bullish pressure that forced short sellers to exit.
Source: CryptoQuant Altcoins faced the opposite trend. During the same period, long liquidations exceeded shorts by nearly $1 billion. This reveals a sharp market imbalance. Investors correctly backed Bitcoin’s bullish .
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