TechFlow news, on December 3, BTC rebounded strongly, rising from $83,000 to above $93,000 within one day, gaining over 7% in 24 hours and briefly touching $93,660; ETH broke through $3,000, surging more than 10% in 24 hours. According to Coinglass data, approximately $435 million in liquidations occurred across the market in the past 24 hours, with over $360 million coming from short positions, primarily shorts being liquidated. Analysts at BiyaPay pointed out that this sharp rally was mainly driven by multiple positive factors, including rising expectations of a Fed rate cut in December, "dovish" Hassett being viewed as a leading candidate for the next chair, and improved liquidity from the end of quantitative tightening. However, short-term volatility is expected to intensify, and investors are advised to control leverage, build positions in batches, and diversify holdings across Bitcoin, Ethereum, and U.S. tech stocks via BiyaPay's multi-asset account.
