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BTC & ETH: The latest surge is being heavily amplified by a short squeeze. Around $1.4B in short positions were liquidated within just four hours of the breakout, while total liquidations surpassed $4B over the next two days. This triggered a classic “rally → short covering → further rally” cycle. Macro narrative shift: The U.S. Treasury announced that from September 9, the limit for long-term bond buybacks will increase to at least $4B. #WalshPolicyFramework #AIShiftsToSoftware