Lying below 75k is clearing of a long position of more than 1.085 billion; at BTC’s current price of 76102, it’s only 1.5% away. This isn’t a prediction—it's the machine gun already cocked.
That liquidation wall has been a clear giveaway for a long time. The market specifically stabs into crowded areas. Once it gets touched, cascading liquidations will smash the price through to the downside. A $1 billion-level amount is enough to create the next liquidity vacuum. Whether you follow or not isn’t the question—the real issue is don’t grab the blade.
If your leveraged position needs to run, run. Don’t bet on how deep this needle can go. Spot players can hold steady, but under no circumstances bottom-fish above 75k—that isn’t support, it’s a meat grinder. Wait until the liquidation run is over, the volume stabilizes, and the daily chart closes with a lower shadow, then we’ll talk.
Whether this batch of longs tonight lives or dies will determine whether this move is a fake breakdown or a real shakeout.
#DYOR
That liquidation wall has been a clear giveaway for a long time. The market specifically stabs into crowded areas. Once it gets touched, cascading liquidations will smash the price through to the downside. A $1 billion-level amount is enough to create the next liquidity vacuum. Whether you follow or not isn’t the question—the real issue is don’t grab the blade.
If your leveraged position needs to run, run. Don’t bet on how deep this needle can go. Spot players can hold steady, but under no circumstances bottom-fish above 75k—that isn’t support, it’s a meat grinder. Wait until the liquidation run is over, the volume stabilizes, and the daily chart closes with a lower shadow, then we’ll talk.
Whether this batch of longs tonight lives or dies will determine whether this move is a fake breakdown or a real shakeout.
#DYOR