🚨 Bitcoin Bloodbath Alert! 🚨
🔥 A massive $41.59K Long Liquidation just got wiped out on $BTC
at $121,986.3!
The bulls who chased the rally just got liquidated, showing signs of overheated leverage in the market. 📉
💡 Key Takeaway:
Longs are struggling at this zone, signaling potential bull trap.
Market might see short-term pullback/liquidity hunt before the next major move.
Critical watch: If BTC holds above $121K, bulls may regroup. A break below could ignite a deeper correction. ⚔️
👉 Next Move: Smart traders should stay cautious, manage leverage tightly, and look for confirmation candles before entering. Shorts could gain momentum if support cracks, while dip-buyers should wait for strong volume signals.