High
The news reports a significant $800m in short liquidations spurred by explosive moves in eth, ada, and doge, indicating a large market reaction.
High
The news is from coindesk, a reputable source for crypto news, and includes specific data points from coinglass.
Bullish
The surge in eth, ada, doge, and other altcoins, coupled with the liquidation of short positions, suggests a bullish trend.