⚠️ $BTC Alert: Major Long Liquidation Detected!
A hefty $340K long position was liquidated at $95,401.17, signaling increased selling pressure.
This indicates that buyers might be losing steam, giving bears a chance to take control in the short term.
Next Steps for Traders:
1. For Sellers:
Momentum suggests a possible drop to $94,000 or even $92,500 if bearish pressure intensifies.
Entry zones: Look for retracements toward $96,000–$96,200 before opening shorts.
2. For Buyers:
Watch for support at $94,500–$94,000. A strong bounce from these levels could trigger recovery back above $96,500.
Avoid aggressive entries until a clear reversal pattern forms.
Critical Zones to Watch:
Support: $94,500, $92,500
Resistance: $96,500, $98,000
$BTC ’s volatility is surging—perfect for scalpers, but risky for unprepared traders.
Tighten your risk management and act decisively!
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