Looking at this week's crypto market pulse: The total market cap jumped 3.32% to hit $3.11 trillion, with Bitcoin climbing 2.36% and Ethereum gaining 2.92%. The action has been pretty volatile though—an initial short squeeze flipped into $300 million in long liquidations by Friday close.

Funding rates are ticking higher across major pairs, suggesting traders are getting bolder on the leverage side again. Meanwhile, traditional markets played it cooler: S&P 500 edged up just 0.63% while Nasdaq barely moved at -0.07%.

On the exchange front, major platforms are rolling out new features and updates. The renewed appetite for risk in crypto positioning is worth keeping an eye on, especially with liquidations still clearing out recent longs. Classic pattern—squeeze, dump, repeat.