BTC short-term rises by 1.35%: Technical breakthroughs and short covering drive price surge

BTC-4,68%

On March 4, 2026, from 15:15 to 15:30 (UTC), BTC achieved a +1.35% return within a 15-minute window, with a price range of 71,969.5 to 72,995.0 USDT and an amplitude of 1.42%. During this period, trading volume expanded simultaneously, market attention surged sharply, showing short-term volatility higher than previous and subsequent periods. Market sentiment gradually warmed, and the capital game atmosphere significantly strengthened.

The main drivers of this movement were the breakthrough of key technical levels for BTC and the passive stop-loss of high-leverage short positions during this period, creating a bullish acceleration and a “short squeeze” effect. Buyer funds focused on defending the overlapping zone of the daily and 4-hour FVG, pushing prices upward rapidly. Meanwhile, pre-market gains in US stocks and crypto-related stocks boosted overall risk appetite in the crypto market, resonating with macro sentiment. On-chain data showed active whale funds, with large transfers and a net outflow of $15.71 million from exchanges, reinforcing market confidence.

Additionally, safe-haven assets like gold and silver performed strongly, with some risk capital flowing into BTC as digital gold hedging. Seasonal factors and historical cycles resonated, with early March inertia-driven rebounds further amplifying price movements. Industry innovation expectations heated up, with BTCFi ecosystem expansion and RWA innovations providing market drivers, increasing short-term capital trading willingness. Overall, multiple factors contributed to a gradually strengthening market consensus.

Current volatility is accompanied by unstable capital flows and high-leverage long-short battles, making short-term pullback risks unavoidable. Attention should be paid to key technical support zones such as the upper boundary of the 4-hour FVG, on-chain capital flows, and macro news changes. If bullish funds fail to continue, prices may enter a consolidation phase. Users are advised to closely monitor real-time market dynamics and relevant indicators, remain alert to short-term volatility risks, and seek more market information.

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