Liquidation Alert!
#BCH just witnessed a major liquidation of a long position worth $89.6K at the critical price point of $526.92!
Traders who were betting on Bitcoin Cash (BCH) to continue its rally got wiped out as the price dropped below their margin level. The market volatility delivered a harsh blow to this long position,
signaling a potential shift in sentiment or a correction in the short term.
This could be a sign that sellers are gaining control, or that leverage in the market is getting flushed out.
Either way, volatility is clearly on the rise!
Stay sharp and manage your risk! The market doesn’t forgive oversize bets in the face of sudden moves.
Will this liquidation trigger a bigger price drop, or is this just a temporary shakeout before another surge?
#CryptoTrading #MarketMajorComeback
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