"MASSIVE $BTC LIQUIDATION ALERT!
A jaw-dropping $483,000 in long positions on #BTCUSD_PERP was liquidated as Bitcoin plummeted to $96,111.40!
The market’s sudden turn has left bulls reeling, with bears firmly in the driver’s seat.
Bulls Hit Hard:
Traders banking on a continued rally got caught off guard by the sharp reversal.
This massive liquidation underscores the risks of over-leveraging in such a volatile market.
Market Breakdown:
Key Support Shattered: The drop below $96,111.40 marks a critical failure for bullish momentum.
Bearish Momentum: Liquidations of this size can amplify downward pressure, potentially opening the door for further declines.
Sentiment Shift: Confidence among bulls has been shaken, while bears are gaining traction.
What’s Next for $BTC ?
Will $BTC find support and recover, or is this the start of a deeper correction?
With volatility spiking, the next move could set the stage for Bitcoin’s near-term trend.
#BinanceHODLerTHE #GDPSteadyPCE2.1Down #MarketBuyOrHold? #XRPMarketShift #BNBChainMeme