The cryptocurrency market is experiencing a recovery following the liquidation of $260 million in short positions over the past 24 hours. Bitcoin has risen by 2% to $111,647, while Ethereum has increased by 2.1% to $4,097, regaining key technical levels. The Fear & Greed Index has shifted to 50, reflecting a neutral market sentiment. Total liquidations have decreased significantly to $350 million, a sharp decline from the over $5 billion in long positions that were wiped out last week. This shift indicates a stabilization in the market, as traders adjust to the recent volatility.