🚨 BITCOIN $BTC BELOW $65,000, ETH BELOW $1,800: IS AI BEING WIPED OUT?
Here’s the interesting part that the crowd usually notices too late.
Bitcoin just fell below $65,000, and Ethereum $ETH broke below the $1,800 mark. More than $360 million in positions were liquidated across the market in just 5 minutes.
Think about it: when prices slide this quickly, traders using high leverage are the first to get wiped out. Liquidations trigger forced selling, and forced selling pushes prices down further. Many people panic-sell right in the middle of the volatility.
The $360 million figure in 5 minutes shows that most of the damage came from positions entered too close to the edge.
🎯 My view: if prices quickly reclaim the levels they just lost, this may simply be a leverage flush; if liquidations keep coming in waves, I’ll stay cautious and won’t rush to catch the bottom.
👀 I’m watching to see whether another wave of liquidations appears.
$BTC $ETH #Bitcoin #Crypto
Here’s the interesting part that the crowd usually notices too late.
Bitcoin just fell below $65,000, and Ethereum $ETH broke below the $1,800 mark. More than $360 million in positions were liquidated across the market in just 5 minutes.
Think about it: when prices slide this quickly, traders using high leverage are the first to get wiped out. Liquidations trigger forced selling, and forced selling pushes prices down further. Many people panic-sell right in the middle of the volatility.
The $360 million figure in 5 minutes shows that most of the damage came from positions entered too close to the edge.
🎯 My view: if prices quickly reclaim the levels they just lost, this may simply be a leverage flush; if liquidations keep coming in waves, I’ll stay cautious and won’t rush to catch the bottom.
👀 I’m watching to see whether another wave of liquidations appears.
$BTC $ETH #Bitcoin #Crypto
