$BTC Long Liquidation: $91.644K at $91,644.5
Market Insight:
A heavy long liquidation this size shows clear long-side weakness at the upper band of BTC’s range. Buyers got trapped trying to chase continuation, but momentum failed, triggering a sweep of high-leveraged positions. This usually marks a shift toward short-term corrective pressure.
Next Move:
$BTC is likely to pull back into closer liquidity pockets below current price. Unless bulls reclaim 91.7K with strength, sellers will keep pressing toward mid-range support. Watch volatility—BTC often makes sharp recovery wicks after large liquidations, but trend confirmation matters more than quick bounces.
Targets:
TG1: $91,120
TG2: $90,480
TG3: $89,730
Pro Tip:
Big liquidations near resistance zones often signal exhaustion. Don’t chase the first bounce—wait for structure confirmation or a reclaim before considering longs.
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