🚨 $547M LIQUIDATED — I’M STARTING TO BUILD A $BTC POSITION HERE
Bitcoin just flushed toward $83K as more than $500M in leveraged positions were wiped out.
This wasn’t happening in isolation.
Crypto is trading under broader risk-off pressure as oil, the dollar and Treasury yields stay elevated — and leverage amplified the move once BTC started losing intraday support.
But after a liquidation event like this, the question changes:
Was this the start of a bigger breakdown — or did the market just clear excess leverage?
That’s where my 6H structure gets interesting.
$BTC is now back around the ~$83K area I was already watching, and the broader setup has NOT invalidated.
I’m starting to build a LONG position here — not going full size at once.
🎯 $ZEC TP1 HIT. First target delivered. Price flushed below $1,300 and printed ~$1,294 before the bounce. The setup worked — now I’m watching whether sellers can keep $ZEC below the broken structure for the next leg. Original setup quoted below 👇
PanBas
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Bearish
⚠️ $ZEC — THE PUMP IS LOSING STRUCTURE
$ZEC failed to reclaim the $1318–1320 area after the breakdown.
That turns the post-pump range into a short setup.