🚨 $1.24B LIQUIDATED in 24h — and only 2 of the top 50 coins on Binance are green 🩸
Nasdaq-100 fell 6.4% in the US session, crypto followed. 88.6% of the liquidations were LONGS ($1.10B). Here's what happened 👇
1️⃣ $ARB +2.12% & $PEPE +1.20% 🟢
The only 2 green coins out of 50. ARB dipped -9.1% intraday, then bounced +12.3% off the low.
2️⃣ $TIA -9.67% — the wildest wick 🕯️
It crashed -27% from open to the low, then ripped +24% back up. Leverage got wiped out in both directions.
3️⃣ Alts bled harder than BTC 📉
$STRK -9.56%, $ENA -9.49%, $XRP -9.17%, $WLD -9.04%, $ETH -7.12%, $SOL -6.57%. BTC fell "only" -5.14%.
4️⃣ The "stronger" names held up 💪
$AAVE -1.79% (news: Kraken's parent company invested in the AAVE token), $ZEC -2.83%, $BNB -2.90%.
5️⃣ Sentiment check 😨
Fear & Greed is at 32 (Fear). Total market cap is $2.55T (-4.9%). Open interest is UP +10.66% to $388B, so traders are re-leveraging into the dip.
📊 BTC levels to watch
🔴 Resistance: $80,500 (24h high)
⚪ Now: ~$76,190
🟢 Support: $75,200 (24h low). Lose this and the long liquidations could continue.
💥 BTC liquidations: $328M in 24h
💡 My take
This was a macro flush driven by tech stocks, not crypto-specific bad news. With open interest climbing again while fear is high, another squeeze in either direction is likely. I'm watching the US stock open today at 7:30 PM PKT. If Nasdaq stabilises, the oversold alts can bounce fast. Low leverage, small size.
❓ Are you buying this dip or waiting for $75K to break? Comment below 👇
#CryptoNews #Bitcoin #altcoins #Liquidations #BinanceSquare
Not financial advice. DYOR.
Nasdaq-100 fell 6.4% in the US session, crypto followed. 88.6% of the liquidations were LONGS ($1.10B). Here's what happened 👇
1️⃣ $ARB +2.12% & $PEPE +1.20% 🟢
The only 2 green coins out of 50. ARB dipped -9.1% intraday, then bounced +12.3% off the low.
2️⃣ $TIA -9.67% — the wildest wick 🕯️
It crashed -27% from open to the low, then ripped +24% back up. Leverage got wiped out in both directions.
3️⃣ Alts bled harder than BTC 📉
$STRK -9.56%, $ENA -9.49%, $XRP -9.17%, $WLD -9.04%, $ETH -7.12%, $SOL -6.57%. BTC fell "only" -5.14%.
4️⃣ The "stronger" names held up 💪
$AAVE -1.79% (news: Kraken's parent company invested in the AAVE token), $ZEC -2.83%, $BNB -2.90%.
5️⃣ Sentiment check 😨
Fear & Greed is at 32 (Fear). Total market cap is $2.55T (-4.9%). Open interest is UP +10.66% to $388B, so traders are re-leveraging into the dip.
📊 BTC levels to watch
🔴 Resistance: $80,500 (24h high)
⚪ Now: ~$76,190
🟢 Support: $75,200 (24h low). Lose this and the long liquidations could continue.
💥 BTC liquidations: $328M in 24h
💡 My take
This was a macro flush driven by tech stocks, not crypto-specific bad news. With open interest climbing again while fear is high, another squeeze in either direction is likely. I'm watching the US stock open today at 7:30 PM PKT. If Nasdaq stabilises, the oversold alts can bounce fast. Low leverage, small size.
❓ Are you buying this dip or waiting for $75K to break? Comment below 👇
#CryptoNews #Bitcoin #altcoins #Liquidations #BinanceSquare
Not financial advice. DYOR.
