$BTC Long Liquidation Alert!
A massive $91.6K long position in Bitcoin (BTC) was liquidated at $95,406.20, showing intense market volatility.
Current Price: $95,442 (slightly below liquidation level).
Intraday Range: High at $97,927, Low at $95,050.
Recent Developments:
$BTC has seen a 2.08% decline today, trading around $95,557.
The market experienced liquidations of $36.32 million in an hour, largely from long positions in Bitcoin.
Next Moves:
Support Level: A hold above $95,000 could indicate potential stability and a rebound.
Bearish Risk: A dip below $95,000 could bring further declines, with the next support around $90,000.
Pro Tip: With Bitcoin’s volatility, closely monitor price action and employ risk management to navigate the swings effectively.
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