Crypto market update: 🚨
Bitcoin (BTC) has dropped below $64,000.
Ethereum (ETH) has fallen below $1,850.
More than $100 million in long positions have been liquidated in just 60 minutes.
This type of rapid liquidation often triggers a long squeeze, where forced selling pushes prices lower and increases short-term volatility. If buyers don't step in at key support levels, the decline can continue. Traders should watch for confirmation before entering new positions and avoid chasing sudden moves.$BTC $ETH $DEXE
Bitcoin (BTC) has dropped below $64,000.
Ethereum (ETH) has fallen below $1,850.
More than $100 million in long positions have been liquidated in just 60 minutes.
This type of rapid liquidation often triggers a long squeeze, where forced selling pushes prices lower and increases short-term volatility. If buyers don't step in at key support levels, the decline can continue. Traders should watch for confirmation before entering new positions and avoid chasing sudden moves.$BTC $ETH $DEXE