🔴 $BTC
MAJOR BEARISH ALERT ⚠️
A $91.9K long liquidation at $62,507.60 signals heavy leveraged-bull unwinding and strong short-term selling pressure. The $62,507.60 level is now the critical pivot.
💰 Entry Zone: $62,450–$62,600 on rejection
🎯 Targets: $61,900 → $61,300 → $60,700
🛑 Stop Loss: Above $63,100
📍 Support: $61,900–$61,300
📍 Resistance: $62,507–$63,100
If BTC fails to reclaim $62,507.60, sellers may target $61,900 first and $61,300 next. A breakdown below $61,300 could expose $60,700. However, reclaiming $63,100 would weaken the bearish setup and could trigger a relief bounce.
Strength Rating: ⭐⭐⭐⭐⭐ (5/5 Bearish) — The $91.9K long liquidation is a significant leverage flush and keeps downside volatility elevated.
MAJOR BEARISH ALERT ⚠️
A $91.9K long liquidation at $62,507.60 signals heavy leveraged-bull unwinding and strong short-term selling pressure. The $62,507.60 level is now the critical pivot.
💰 Entry Zone: $62,450–$62,600 on rejection
🎯 Targets: $61,900 → $61,300 → $60,700
🛑 Stop Loss: Above $63,100
📍 Support: $61,900–$61,300
📍 Resistance: $62,507–$63,100
If BTC fails to reclaim $62,507.60, sellers may target $61,900 first and $61,300 next. A breakdown below $61,300 could expose $60,700. However, reclaiming $63,100 would weaken the bearish setup and could trigger a relief bounce.
Strength Rating: ⭐⭐⭐⭐⭐ (5/5 Bearish) — The $91.9K long liquidation is a significant leverage flush and keeps downside volatility elevated.