EMERGENCY UPDATE: BTC Breaks $81K! Is $75K the Next Stop? 📉🩸
The "Sunday Scare" has turned into a full-scale market flush. We’ve just seen over $1.7 billion in liquidations wiped out as Bitcoin ($BTC) crashed through the $81,000 floor.
What is happening?
Geopolitical Risk: Reports of explosions at a major global shipping hub (Bandar Abbas port) have triggered a "flight to safety." Investors are dumping risk assets (Crypto/Tech) for gold.
US Policy Fear: The short-term U.S. government shutdown is adding a layer of macro uncertainty that the market wasn't ready for.
The Liquidation Loop: Since 93% of liquidations were "longs," we are seeing a cascading effect—forced selling is leading to more selling.
Critical Levels to Watch:
Immediate Support: $78,500. If this doesn't hold by the weekly close, the door to $74,000 is wide open.
Resistance: We must reclaim $83,000 to even think about a recovery.
My Strategy: I am not catching the falling knife yet. I am sitting in $USDC and waiting for the 4-hour candle to stabilize. However, keep an eye on $SOL and $BNB —they are currently being oversold and usually lead the bounce when the dust settles.
Are you buying this blood, or are you waiting for lower entries? Let me know your targets below. 👇
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