$BTC Here’s a detailed analysis and strategy for Bitcoin ($BTC) based on the recent long liquidation data:

Current Overview.

Long Liquidation Amount: $9.0325K

Liquidation Price: $97,123.8

Market Sentiment: This indicates strong volatility and a potential reversal or continuation of the current trend.

What Does This Mean.

The long liquidation suggests that many traders had leveraged long positions that were forcefully closed due to price movements. This often happens when the market faces resistance or a sell-off after a significant rally.

Analysis for Next Moves.

Buy Zone (Entry Points):

Zone 1: $26,800 - $27,200 (Safe accumulation zone if price retraces).

Zone 2: $25,000 - $25,500 (Strong support zone).

Targets (Profit Zones):

Target 1: $28,500 (Immediate resistance level).

Target 2: $30,000 (Psychological resistance).

Target 3: $32,000 (Major breakout target).

Stop-Loss.

Place a stop-loss around $25,800 to minimize losses if the price breaks below the strong support.

Tips for Traders.

1. Risk Management: Always trade with a maximum of 2-3% of your total portfolio to avoid significant losses.

2. Monitor Market Sentiment: Keep an eye on Bitcoin dominance, overall market cap, and U.S. dollar strength (DXY).

3. Technical Indicators to Watch.

RSI (Relative Strength Index): Check if it's overbought (>70) or oversold (<30).

EMA (Exponential Moving Average): Use 50-day and 200-day EMA to confirm trends.

Short-Term vs. Long-Term Strategy.

Short-Term Traders: Enter the buy zone with a tight stop-loss and aim for Target 1 or Target 2.

Long-Term Investors: Consider accumulating in Zone 2 and holding for higher targets like $32,000 or more.

Disclaimer.

This is not financial advice. Always do your own research and consult with a financial advisor if needed. Markets are highly volatile, and predictions are subject to change based on external factors.

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