1️⃣ Leverage Wipeout: Over $400M in long positions liquidated as BTC retests $80,900 overnight lows and ETH holds above $2,380.
2️⃣ Order Book Depth: Binance spot order books show heavy bid walls defending lower boundaries at $80,000–$80,500.
3️⃣ On-Chain Metrics: Perpetual funding rates have neutralized, signaling a healthy leverage wash before the next volatility expansion.

$BTC

$ETH

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