#BTCUSD _PERP Bulls Take a Hit: $469K Long Liquidated at $93,560.10
A significant setback for the bulls as $469K in long positions were liquidated at $93,560.10. This highlights the intense volatility of Bitcoin's perpetual futures market, with sellers momentarily taking control.
đĽ What This Means:
1ď¸âŁ Increased Selling Pressure: This liquidation indicates a temporary bearish wave, testing the bullsâ strength.
2ď¸âŁ Critical Support Levels: The $93.5K zone is now a key level for the bulls to defend to maintain the upward trend.
3ď¸âŁ Opportunity for Recovery: Corrections like this often pave the way for a stronger rebound as the market recalibrates.
đĄ Stay Strategic, Stay Resilient.
Bitcoinâs journey is never linear, but its long-term strength remains unmatched. Keep an eye on the charts and prepare for the next big moveâthe fight isnât over yet!
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