$BTC Long Liquidation Alert: $17.745K at $80,363.99
The market just witnessed a major long liquidation of $17,745,000 at the $80,363.99 level — this is a clear signal that a major resistance level has been hit and bulls are getting trapped.
This type of liquidation often indicates a possible short-term reversal or at least a cooldown before the next move. Here’s a detailed breakdown for those looking to trade this setup:
$BTC Technical Analysis (Short-Term)
Current Price Zone: ~$69,000 – $71,000
Major Liquidation Zone: $80,000 – $81,000
Market Sentiment: Overheated, signs of exhaustion after a parabolic run.
Sell/Short Opportunity
Entry Zone (Short Position):
$78,500 – $80,500
This zone has become a supply wall with trapped longs and heavy resistance.
Target Zones (Short Trade):
TP1: $74,200
TP2: $70,500
TP3: $67,000 (Extended target if panic selling begins)
Stop-Loss:
Above $81,800 (to avoid further squeeze risk)
Buy Opportunity (After Pullback)
Buy Zone:
$66,500 – $68,200 (previous support + good risk/reward area)
Target for Longs:
TP1: $72,000
TP2: $75,500
TP3: $78,000
Stop-Loss (for Longs):
Below $65,000
Conclusion
The $80K level just became a battle zone — heavy liquidations mean smart money is exiting or reversing. If price retests this level and fails again, it can trigger a strong downward correction. Watch for volume confirmation and avoid FOMO entries.
Want an update if $BTC approaches these zones again?
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