AlexWorld3D

ys, need advice. I’m currently in a BTCUSDT short with 31x leverage. Entry: 113,884 USDT, Mark Price: 116,570 USDT, Liq. Price: 119,691 USDT. PNL is -$455 (about -70%). Should I close now or hold? Will it get liquidated if the market keeps moving up? Any suggestions?

$BTC CRASH ALERT – Bulls Shaken, Supports Tested
From Slow Grind Up → To Sudden Drop

#Bitcoin just delivered a shock move. After yesterday’s steady upward crawl, BTC reversed hard, plunging to $116,166 in the latest session. The rejection from $118,575 high sparked heavy selling, erasing gains and pulling the market down nearly -1.0% in 24h.

Now BTC trades at $116,269, dangerously close to its immediate support at $115,000. Momentum is fragile — if this level breaks, eyes are set on the major cushion at $111,500, a zone that has historically acted as a strong floor.

Next Trade Setup

Entry (Long attempt): $115,200 – $115,800 (only if support holds)

Target 1: $117,200 (short-term bounce)

Target 2: $118,000 (retest of resistance)

Stop Loss: Below $114,800 (invalidation if support cracks)

If bears push below $115K, the scenario shifts bearish with $111,500 as the next major demand zone. But if bulls defend here, a rebound could set BTC back into the 117K–118K zone quickly.

$BTC
{future}(BTCUSDT)