Cryptocurrency22 Apr 2026SEO 801 min read

Analysis: Bitcoin tests $78,000 resistance as short-squeeze risks mount, altcoins rally

BTC hovers at key $78,000 level with $180 million liquidations at stake, while altcoins and memecoins surge as risk-on sentiment returns. Bitcoin is battling t…

BTC hovers at key $78,000 level with $180 million liquidations at stake, while altcoins and memecoins surge as risk-on sentiment returns. Bitcoin is battling the $78,000 level of resistance with $180 million in short liquidations above and $71 million in longs at risk below $77,300. Broader risk sentiment improved after Trump extended the Iran ceasefire, lifting equities and supporting crypto markets. Altcoins outperformed with memecoins leading gains, while Aave lending demand pushed the CoinD…

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