⚠️ THE MARKET DIDN’T BREAK — LEVERAGE DID
Crypto sold off overnight as oil jumped, the dollar strengthened and Treasury yields moved higher.
Then leverage made it worse.
~$556M was liquidated in 24h.
~$487M of that came from longs.
But this still looks more like a leverage reset than a full market breakdown.
$BTC swept below $84K and the bigger question now is whether $83K can hold.
If it does, this correction may be clearing the way for the real move.
Lose $83K — and that thesis changes.
#crypto #bitcoin #Altcoins
Crypto sold off overnight as oil jumped, the dollar strengthened and Treasury yields moved higher.
Then leverage made it worse.
~$556M was liquidated in 24h.
~$487M of that came from longs.
But this still looks more like a leverage reset than a full market breakdown.
$BTC swept below $84K and the bigger question now is whether $83K can hold.
If it does, this correction may be clearing the way for the real move.
Lose $83K — and that thesis changes.
#crypto #bitcoin #Altcoins