According to CoinGlass, in the past 24 hours, 193,500 traders liquidated. Total liquidations were $1.00B. The largest observed liquidation order was on Binance - ETHUSDT, valued at $10.45M.
🚨THE NEXT WEEKLY CLOSE COULD BE CRUCIAL FOR BITCOIN.
BITCOIN is testing the Weekly MA200 for the first time in five months.
And we're already seeing a reaction at this level. Buyers appear to be stepping in, showing that demand is still present around this key support zone.
Bullish scenario:
The weekly candle needs to close above the MA200 band to maintain the broader bullish market structure. A successful bounce could open the door for a relief rally and a potential recovery toward higher resistance levels.
Bearish scenario:
A weekly close below the MA200 band could signal a loss of this major support level, weaken the bullish structure, and push Bitcoin to further downside.
ETH broke its final golden pocket parabolically to the downside which is still a retest range. Strength is over hyped sp expect a good relief swing prior to any further move. Today is the day, i am now going to plan new positions/spot buyings for relief and ETH is among the top choice now. Just waiting for few 4hr candles and over market behaviour over next few candles and than will consider it. Details coming up, stay connected.
It means shorts are increasing after many longers were liquidated few hours ago when BTC falls from 71-68k zone.
Generally we might see a little pump from this range but i don't want you guys to go long bcz many of you have small wallets you cannot manage risks..!
After every drop bitcoin usually gives 35-40% pullback then continue dumping more , I have shared long trade previously from 70-72k but most of you get liquidated bcz you don't know how to book profits..!
Now i have opened a long from 68k and i am in handsome profits now , but for a big upside movement i will wait for more drop below then i will share proper chart & setup with you guys..! *
According to CoinGlass, in the past 24 hours, 175,687 traders liquidated. Total liquidations were $1.47B. The largest observed liquidation order was on Hyperliquid - BTC-USD, valued at $31.09M
According to CoinGlass, in the past 24 hours, 151,863 traders liquidated. Total liquidations were $1.24B. The largest observed liquidation order was on Hyperliquid - BTC-USD, valued at $31.09M.
According to CoinGlass, in the past 24 hours, 110,839 traders liquidated. Total liquidations were $638.98M. The largest observed liquidation order was on HTX - ETH-USDT, valued at $31.52M