🚨 Whale Liquidations Flush Out Over-Leveraged Longs — Is $BTC Bottom In? 🐋📉
The recent market selloff triggered massive whale liquidations across leveraged positions, sweeping liquidity right into the $61,956 – $62,600 zone before buyers stepped in to stabilize Bitcoin ($BTC ).
Live Price: $64,586
Trade Plan (Support Bounce Setup):
• Entry Zone: $63,500 – $64,600 (Demand Zone)
• TP1: $66,090 (Intraday Resistance)
• TP2: $67,500
• Final Target: $69,150
• Stop Loss: $61,700
Market Breakdown:
Heavy long liquidations flushed out weak hands and cooled down overheated funding rates. Right now, $63,500 is acting as the key pivot support on the 1H chart. Holding above this demand zone keeps a relief push toward $66,090+ on the table—but losing $62,000 again could trigger another wave of downside pressure.
Stay disciplined, avoid high leverage during liquidation waves, and always protect your capital with a strict Stop Loss.
Did the market just shake out weak hands before a bounce, or is more downside coming? Drop your thoughts below 👇
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Found this market breakdown helpful?
Tap LIKE ❤️ to support the post and FOLLOW @firdos trader 🔔 for daily real-time crypto updates & setups!
$BTC C #CryptoSelloffTriggersMultipleWhaleLiquidations #Bitcoin #BTCUSDT #CryptoMarket
The recent market selloff triggered massive whale liquidations across leveraged positions, sweeping liquidity right into the $61,956 – $62,600 zone before buyers stepped in to stabilize Bitcoin ($BTC ).
Live Price: $64,586
Trade Plan (Support Bounce Setup):
• Entry Zone: $63,500 – $64,600 (Demand Zone)
• TP1: $66,090 (Intraday Resistance)
• TP2: $67,500
• Final Target: $69,150
• Stop Loss: $61,700
Market Breakdown:
Heavy long liquidations flushed out weak hands and cooled down overheated funding rates. Right now, $63,500 is acting as the key pivot support on the 1H chart. Holding above this demand zone keeps a relief push toward $66,090+ on the table—but losing $62,000 again could trigger another wave of downside pressure.
Stay disciplined, avoid high leverage during liquidation waves, and always protect your capital with a strict Stop Loss.
Did the market just shake out weak hands before a bounce, or is more downside coming? Drop your thoughts below 👇
---
Found this market breakdown helpful?
Tap LIKE ❤️ to support the post and FOLLOW @firdos trader 🔔 for daily real-time crypto updates & setups!
$BTC C #CryptoSelloffTriggersMultipleWhaleLiquidations #Bitcoin #BTCUSDT #CryptoMarket
