Bitcoin holds $95,000 after $800M short squeeze, reset signals consolidation

Bitcoin is trading around $95,600 after a rally that cleared nearly $800 million in short positions, leaving price action in consolidation above former resistance. Over the past 24 hours, total liquidations were about $332.6 million, with $272 million from longs and $60 million from shorts, pointing to a leverage reset rather than trend exhaustion.