BTC 1H closed at 62,592, wicked down to 61,956, now at 63,680 (candle not closed).
1.9 billion liquidated, over 90% of them longs—looks more like a forced-liquidation stop-loss sweep.
Conservative: Only consider a rebound after a close above 63,888; target 64,547.
Aggressive: Try going long if 62,463 holds; stop at 61,950.
Invalidation: Exit if it closes below 62,463.
$BTC #WriteToEarn
1.9 billion liquidated, over 90% of them longs—looks more like a forced-liquidation stop-loss sweep.
Conservative: Only consider a rebound after a close above 63,888; target 64,547.
Aggressive: Try going long if 62,463 holds; stop at 61,950.
Invalidation: Exit if it closes below 62,463.
$BTC #WriteToEarn