$BTC
Volatility Returns as Liquidation Levels Come Into Focus
Bitcoin (BTC) and major altcoins saw a strong recovery last week, with BTC briefly climbing near $97,500, raising optimism around a possible move toward $100,000. However, the rally lost momentum after renewed macro uncertainty, including tariff-related statements from former U.S. President Donald Trump concerning Greenland and the EU.
Following the pullback, Bitcoin slipped below $90,000, while Ethereum (ETH) dropped under $3,000. Several large-cap altcoins also recorded notable declines.
Data from crypto analytics platform Coinglass highlights key liquidation levels currently influencing market volatility. According to the data, if BTC moves above $91,000, more than $1 billion in short positions on centralized exchanges could face liquidation. On the downside, a drop below $88,000 could trigger approximately $638 million in long liquidations.
Over the past 24 hours alone, around $200 million in leveraged positions were liquidated across the market, affecting more than 109,000 traders. The largest single liquidation reportedly occurred on Hyperliquid’s BTC/USD pair.
These figures show how sensitive the crypto market remains to macro news and leverage, with price movements continuing to trigger rapid liquidations on both sides.
This content is for educational purposes only and is not investment advice. #btc #Wrute2Earn
