🚨 $BTC Liquidation Alert: $3.5B at Stake 🚨
Major price swings could trigger massive liquidations across crypto exchanges. Here's what traders need to know:
The Numbers:
• Below $85,833: $2.16B in long positions at risk of liquidation
• Above $94,573: $1.43B in short positions could get wiped out
• Total exposure: Over $3.5B hanging in the balance
What This Means:
Bitcoin is currently trading in a critical zone. A sharp move in either direction could create a domino effect of forced selling or buying.
Key Takeaways:
• Long traders are betting on higher prices but face risk if BTC drops
• Short sellers could get squeezed if Bitcoin rallies
• High liquidation levels often lead to increased volatility
Watch These Levels:
The $85,833 support and $94,573 resistance are now crucial price points. Breaking either could trigger a cascade of liquidations and amplify the move.
⚠️ Manage your risk carefully in this environment. Overleveraged positions on both sides could fuel dramatic price action.
