$BTC LIQUIDATION WAVE DEEPENS ⚠️

After the U.S. equity open, crypto markets extended downside pressure, with $BTC moving below 61,000 and $ETH briefly trading under 1,600. Coinglass data showed 160 million in liquidations over one hour, with longs accounting for 156 million, while 24-hour market-wide liquidations reached 1.238 billion.

This is a liquidity-driven reset rather than a confirmed structural breakdown. Traders should watch funding, open interest, and spot demand before assuming stabilization, as forced selling can exaggerate moves in both directions.

Not financial advice. Manage your risk.

#CryptoMarket #Bitcoin #Ethereum #Liquidations #Trading

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ETHUSDT

Perp

1,591.69

+2.84%

BTCUSDT

Perp

61,581.3

+1.98%