$BTC Long Liquidation Alert
A $14.887K long position has just been liquidated at $121,031.9, signaling a sharp rejection at higher levels as bullish momentum begins to fade. This liquidation shows that overleveraged longs are being squeezed out after an aggressive move upward.
The $121K zone is now acting as a key pivot area — failure to reclaim it could invite further downside pressure toward $119.5K–$118.8K, where stronger liquidity support may lie. On the flip side, a swift rebound above $121.5K could reignite bullish sentiment and trap late shorts.
Volatility remains intense, and traders should keep stops tight while navigating these high-leverage zones.
