Yeah, we just got hit with another liquidation wave.
$BTC dropped below $64,000. $ETH slipped under $1,900. And leverage is getting wiped out fast we're talking $113M+ in liquidated positions in just the last 4 hours.
This is exactly the part of the market that gets dangerous. When there's too much leverage sitting on the books, even a small move can snowball into something bigger. Prices drop a little, positions get force closed, that closing adds more selling pressure, more positions get liquidated and suddenly you've got a full cascade.
But here's the thing these flush outs are not always bad. Sometimes they're exactly what the market needs. Once the panic selling slows down and leverage resets, that's often where the real opportunities show up.
So right now, just keep an eye on a few things. Can BTC claw its way back above $64K? Can ETH reclaim $1.9K? Is the liquidation flush actually slowing, or is there more to come? And are buyers starting to step back in, or is everyone still sitting on the sidelines?
Don't panic. Don not try to catch a falling knife just because it looks cheap. What matters right now isn't what just happened it's what happens next.
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A new trading session is here, and honestly, the biggest advantage we have is patience. The market will always give opportunities, but not every move needs to be traded. Sometimes the best decision is simply to wait and let the setup come to you. Chasing candles, entering from emotions, or trying to recover a loss quickly can easily turn one bad trade into a bigger problem.
YES, Of course.... Protect your capital first. Stay disciplined, manage your risk, and wait for the levels that actually make sense.
Q is showing strong bullish momentum after a clean reversal from the 0.0210 support area. Holding above the current zone could keep the upside momentum intact and open the way for another move higher.
RAY faced rejection near the 0.6505 resistance area and is showing weakness on the current range. As long as this resistance holds, the short side looks more favorable for a move lower.
NIL is showing strong bullish momentum after a clean breakout from the 0.0332 support area. Holding above the current zone could keep the upside momentum intact and open the way for another move higher.
THE faced a sharp rejection after the recent rally and is now pulling back from the 0.0759 resistance area. As long as this zone holds, the short side looks more favorable.