Bitcoin surged past $4,500 in impressive trading activity, marking one of its most significant price recoveries. This surge reflects a renewed bullish sentiment fueled by growing DeFi adoption and increased institutional interest. The recent market rally has reversed persistent bearish pressure after weeks of uncertainty and selling pressure. 24-hour short liquidations exceeded $387 million, with Bitcoin accounting for nearly $223 million in the process. This massive injection of liquidity lifted the Bitcoin market cap by over $160 billion, providing substantial momentum to the price surge. The recent bullish action follows the clearing of key short-term liquidity levels and has pushed the price towards a pivotal resistance zone around $93,000. 800 million in liquidations occurred in the last 24 hours with over half coming from Bitcoin and other cryptocurrencies. However, the market is showing clear signs of exhaustion. Key resistances are anticipated to be met near $90,000. The question now is: Will this price surge carry Bitcoin past the long-awaited $100,000 mark?