Major Long Liquidation Alert!

šŸ”ø Bitcoin $BTC just witnessed a massive $250,000 long liquidation at $96,850.67.

This suggests bulls overextended their positions, leading to a sharp correction as the market turned against them.

Whatā€™s Next for $BTC ?

ā€¢ Support to Watch: If selling pressure continues, BTC might test $96,000, a key zone for bulls to defend.

ā€¢ Resistance Level: Any recovery would need to reclaim $97,500 to regain upward momentum.

ā€¢ Market Insight: Such a significant liquidation often shakes market sentiment,

but Bitcoin's strong fundamentals could provide a quick recovery if buyers step in aggressively.

ā€¢ Trading Tip: Use cautionā€”volatility could spike. Short-term traders might look for opportunities around support,

while long-term holders may consider this a healthy retracement.

Stay vigilant; BTC always moves fast!

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$BTC