According to @BullTheoryio, Bitcoin jumped $2,100 in 60 minutes after the US market open, breaking above $97,000 (source: @BullTheoryio on X, Jan 14, 2026). $123 million in short positions were liquidated during the move, highlighting a short-squeeze dynamic and elevated intraday volatility for BTC trading (source: @BullTheoryio on X, Jan 14, 2026). The total crypto market capitalization increased by $290 billion in the first two weeks of 2026, pointing to broad risk-on flow that makes $97,000 a key level to watch for potential support or failure in breakout strategies (source: @BullTheoryio on X, Jan 14, 2026).