BTC dipped under $106K ๐ Whatโs behind the move, and whatโs next? ๐ BTC sliding from $107K โ $105K freaked a lot of people out โ everyone thought some big news dropped. But nopeโฆ it was just a classic long squeeze. ๐ง
Too many traders were over-leveraged on longs, and once BTC slipped under short EMAs, liquidations started flying. Open interest dumped, taker sell volume spiked โ boom, longs wiped out in seconds. ๐ฅ
Nothing crazy, just the market clearing out the greedy positions before the next move.
As long as BTC holds the $104K zone, structureโs still solid. ๐ช
This looks more like a shakeout than a trend change. So keep leverage low, stay chill, let weak hands panic โ the bounce usually comes right after. ๐
$ETH ETH is trending again โ and I believe this is the time to buy, not fear. Every dip in crypto feels scary, but thatโs when real investors quietly build their positions. The fundamentals havenโt changed, only the emotions have. Stay calm, stay focused, and let time do its magic. ๐
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