The rally looks strong, but the data tells a different story. $BTC saw $33.74M in short liquidations vs just $6.7M in longs, suggesting a short squeeze rather than genuine buying pressure. $ETH showed the same pattern, with $34.87M in shorts wiped out. Forced buying pushed prices higher, but fresh spot demand remains unproven. $CORE also showed how quickly a squeeze can reverse, wiping out both shorts and longs. #USMidtermsCongressWatch