$BTC Short Liquidation Alert
A $70.4K BTC short has been liquidated at an eye-catching price of $96,257.40, signaling a surge in market activity at these elevated levels.
Such a high liquidation reflects intense buying momentum and increased pressure on short positions.
What This Means:
The market is showing strong bullish dominance, with $BTC attempting to establish itself firmly in higher price zones.
High liquidations often lead to volatile price swings, so prepare for possible quick movements.
Next Potential Moves:
Uptrend Continuation: If $BTC holds above $96,250, a push toward the psychological barrier of $100,000 could be on the horizon.
Risk of Correction: A rejection here may see BTC retrace to test support near $94,800-$95,000.
Keep a close eye on key levels and set well-placed stop losses—
this could be a critical juncture for BTC traders!
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