$BTC Long Liquidation Signal
For Bitcoin, a significant long liquidation has been observed at $87,100, with a potential upward move to the first target at $89,500 and the second target at $91,000. Traders should look to enter around $87,100, with a stop loss set at $85,500 to limit risk in case of a further downside move. The liquidation at this level suggests that the price may bounce, and with key resistance levels at $89,500 and $91,000, a profitable trade could be executed. However, it is essential to monitor overall market sentiment to confirm that the bullish momentum holds. A trailing stop after the first target could help lock in profits if the price continues upward. Ensure alignment with broader market trends and on-chain data to support the entry.
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