โ๐ Bitcoin Market Alert: Sharp Liquidations in Last 24H!
โThe latest $BTC liquidation data from Coinglass shows a highly volatile market. Traders on both sides are getting "Rekt" as Bitcoin struggles to find a clear direction.
โ๐ The Numbers Breakdown:
โTotal 24H Liquidations: A massive $154.93M wiped out.
โLongs vs. Shorts (24H): It's almost a neck-and-neck battle. $74.83M in Longs and $80.09M in Shorts have been liquidated.
โRecent Activity (12H): The majority of these liquidations ($134.45M) happened in the last 12 hours alone.
โShort-Term Pain (1H): In the last hour, Short positions took the biggest hit with $176.1K liquidated compared to only $6.35K in Longs.
โ๐ What does this tell us?
โHigh Volatility: When liquidations are high on both sides (Longs and Shorts), it usually means the price is swinging rapidly in both directions, hitting stop-losses for both bulls and bears.
โLeverage Flush: This massive washout helps "clear the air" by removing over-leveraged positions, which can sometimes lead to a more stable price movement afterward.
โRecent Momentum: The 1-hour data suggests a sudden upward spike or "Short Squeeze" that caught bearish traders off guard.
โ๐ก Strategy Tip:
โIn such a "choppy" market, using high leverage is extremely risky. Protect your capital by using proper risk management and tighter stop-losses.
โ#Bitcoin #BTC #CryptoNews #TradingAlert #Liquidations $BTC
