$CRV Long Liquidation Alert.
Liquidation Amount: $10.226K
Price at Liquidation: $0.9738.
The $CRV market is heating up. A huge long liquidation just went down at the $0.975 mark, with over $10K worth of positions getting wiped out in one swift move.
What Does This Mean.
Long Liquidations like this usually indicate a sharp price move against those holding bullish positions.
It signals bearish pressure: as prices fall, leveraged long positions are forced to sell, further pushing the price down.
If you're trading $CRV, this could be the moment to watch for potential price action. Bearish trend alert? Or will it turn around.
Risk.
High volatility: Expect more liquidations as the market responds to these shifts.
Stay cautious: If you're in $CRV positions, watch the market closely and adjust your strategy accordingly.
Key Levels to Watch.
Current support: $0.975 (liquidation level).
Resistance: Look for price action around $1.05-1.10 if the market recovers.
#CRV/USDT #Crypto2025Trends #XmasCryptoMiracles #BitwiseBitcoinETF #CryptoRegulation2025
#