🚨 MARKET ALERT: The $5 Billion Flush — What’s Next? 📉
The crypto market just witnessed one of its most violent deleveraging events in history. Over $5 Billion in liquidations have been recorded in the last 4 days, with Sunday alone seeing a massive $2.5B+ wipeout.
If you’re feeling the heat, you’re not alone. The "Fear & Greed Index" has collapsed to 18 (Extreme Fear). Here is the technical breakdown you need to navigate this storm.
🔍 Technical Analysis (BTC/USDT)
Bitcoin has officially broken the psychological $80,000 floor, hitting levels we haven't seen since April 2025.
Critical Support: Watch the $73,500 – $75,000 zone closely. This is a high-liquidity area that historically acts as a strong pivot. If this fails, the next "macro" support sits at $69,000.
Key Resistance: Bulls need to reclaim $84,000 on a daily close to flip the momentum. Until then, any bounce should be treated as a "relief rally" rather than a trend reversal.
Indicator Check: The daily RSI (14) is sitting at 22.03—deeply oversold. While this signals a "squeeze" could happen at any moment, remember that oversold can stay oversold in a panic.
💡 Strategy for Traders
Avoid High Leverage: This is a "falling knife" market. High leverage is getting hunted on both sides.
Spot Accumulation: For long-term holders, DCA (Dollar Cost Averaging) near the $75k support may offer a high-RR (Risk-Reward) entry.
Watch Altcoins: ETH and SOL have been hit harder than BTC. Watch for BTC dominance to peak before looking for "Sniper Entries" on alts.
What’s your move? Are you buying this blood or waiting for $70k? Let me know in the comments! 👇
#BTC #CryptoAnalysis #BinanceSquare
#liquidation #BitcoinVolatility #WriteToEarn
#MujtabaXBT Disclaimer: This is for educational purposes only and not financial advice. Always DYOR (Do Your Own Research).