LONGS JUST GOT VAPORIZED. BTC LAUGHED. ALTS DID NOT.
$700M+ in liquidations over 24h — 85%+ longs crushed.
BTC wicked to $81k then ripped back above $83k like it was a speed bump.
Meanwhile $SOL , $ZEC and the rest of the board bled out hard. Privacy coins and high-beta alts took the full force of the cascade.
South Korea AI selloff + upcoming CPI is keeping leverage fragile. Funding is still mildly positive on majors one more flush and the remaining longs get hunted.
This market is still $BTC or nothing. Alts only wake up after BTC stops the bleeding.
$700M+ in liquidations over 24h — 85%+ longs crushed.
BTC wicked to $81k then ripped back above $83k like it was a speed bump.
Meanwhile $SOL , $ZEC and the rest of the board bled out hard. Privacy coins and high-beta alts took the full force of the cascade.
South Korea AI selloff + upcoming CPI is keeping leverage fragile. Funding is still mildly positive on majors one more flush and the remaining longs get hunted.
This market is still $BTC or nothing. Alts only wake up after BTC stops the bleeding.