🔥BTC’s $19 BILLION problem is solved. The next leg up is imminent. 🚀
The biggest liquidation event in history ($19B+ in Open Interest wiped) wasn't a death blow—it was a cleanse. Over-leveraged speculators have been flushed, and the market is healthier because of it.
Key Insights:
1.Leverage Reset: Funding rates, which briefly collapsed, are now normalizing, indicating a much more balanced long/short ratio. The engine for a sustainable rally is fixed.
2.Whales are Holding: Bitcoin Whale Exchange Net Flow data shows large holders are maintaining their neutral-to-supportive stance, not selling into the crash, suggesting strong long-term conviction.
3.Key Resistance: Watch the $117,500–$119,000 zone. Reclaiming this key resistance area flips the momentum decisively bullish, opening the door to retest the recent ATH near $126K.
Is the market flush complete, or are we due for one more shakeout? Tell me your target! 👇