โก $970M LEVERAGE FLUSH: BTC & ETH MARKET UPDATE (OCTOBER 16, 2026)
BTC is testing critical support near $83,000 while ETH holds firm at $2,445 following over $970 million in derivatives long liquidations across major exchanges.
Binance Futures funding rates have completely reset near neutral (+0.002%), signaling that over-leveraged retail positions have flushed out as institutional spot buyers absorb supply.
๐ฌ What is your primary play for the weekend?
1๏ธโฃ Accumulating spot BTC/ ETH near support
2๏ธโฃ Waiting for a deeper liquidity sweep
3๏ธโฃ Hedging with short futures positions
Share your thoughts and price targets below! ๐
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