The cryptocurrency market shows signs of a slight recovery as Bitcoin trading price reaches $64,453, but Ethereum and major altcoins generally continue to decline. The total market capitalization is estimated at $2.22 trillion, with Bitcoin's dominance slightly rising to 57.98%. In the past 24 hours, a total of $3.76 billion in leveraged positions have been liquidated, with short positions being particularly prominent, accounting for 67% of the total liquidation of Bitcoin and Ethereum. Against this backdrop, short squeeze phenomena within the market have attracted attention, and strategic position management is being emphasized during periods of increased volatility. On the political front, U.S. Republican Senator Bernie Moreno has expressed support for Bitcoin and stablecoins.