🚨 ZHIPU JUST FLUSHED LEVERAGED BULLS
🔴 #ZHIPU Liquidated Long: $249K at $81.54
A $249K long liquidation at $81.54 is a major leverage shakeout. With price dropping into the low-$80s, bulls are being forced to close positions while volatility remains elevated.
📊 TECHNICAL PICTURE:
ZHIPU’s daily structure is currently neutral with extreme volatility. The nearest technical support is around $84.50, while the next major downside level is near $75.90. A reclaim above $93.80 would strengthen the recovery setup.
⚔️ NEXT MOVE — MY READ:
🔻 Lose $81.50–$84.50: downside could accelerate toward $79.40 → $75.90.
🟢 Hold the $84.50 region: buyers could attempt a recovery toward $89.80–$93.80.
🚀 Break $93.80: bullish momentum could return, with $96–$100 becoming the next upside zone.
🎯 BIAS: CAUTIOUS / WAIT FOR RECLAIM
Support: $84.50 → $79.40 → $75.90
Recovery zone: $89.80–$93.80
Bullish trigger: Above $93.80
Risk: Sustained break below $84.50
💥 Bottom line: $249K in longs just got erased. The key battle is now $84.50 — defend it and ZHIPU can attempt a rebound; lose it decisively and the $79–$76 zone comes into focus.
Market commentary only — manage leverage and risk carefully. Not financial advice.
#FedMinutesFocusOnOctoberPause #VitalikWarnsAICouldWeakenCryptographySecurity #SP500AndNasdaqHitRecordHighs #EvernorthDelaysNasdaqDebutToOct12 #BinanceLaunchesBinanceIntelligence
🔴 #ZHIPU Liquidated Long: $249K at $81.54
A $249K long liquidation at $81.54 is a major leverage shakeout. With price dropping into the low-$80s, bulls are being forced to close positions while volatility remains elevated.
📊 TECHNICAL PICTURE:
ZHIPU’s daily structure is currently neutral with extreme volatility. The nearest technical support is around $84.50, while the next major downside level is near $75.90. A reclaim above $93.80 would strengthen the recovery setup.
⚔️ NEXT MOVE — MY READ:
🔻 Lose $81.50–$84.50: downside could accelerate toward $79.40 → $75.90.
🟢 Hold the $84.50 region: buyers could attempt a recovery toward $89.80–$93.80.
🚀 Break $93.80: bullish momentum could return, with $96–$100 becoming the next upside zone.
🎯 BIAS: CAUTIOUS / WAIT FOR RECLAIM
Support: $84.50 → $79.40 → $75.90
Recovery zone: $89.80–$93.80
Bullish trigger: Above $93.80
Risk: Sustained break below $84.50
💥 Bottom line: $249K in longs just got erased. The key battle is now $84.50 — defend it and ZHIPU can attempt a rebound; lose it decisively and the $79–$76 zone comes into focus.
Market commentary only — manage leverage and risk carefully. Not financial advice.
#FedMinutesFocusOnOctoberPause #VitalikWarnsAICouldWeakenCryptographySecurity #SP500AndNasdaqHitRecordHighs #EvernorthDelaysNasdaqDebutToOct12 #BinanceLaunchesBinanceIntelligence