🚨 BTC Price Correction: Battle for the $101K Fortress! 🚨

The recent $BTC plunge below $107,000 has shaken the market, but the true battle is happening right now! We saw a violent liquidation cascade that flushed out leveraged longs, driving us briefly under $100,000—a healthy, albeit painful, leverage reset.

The Technical Vibe Check:

Crucial Support: The $101,000 level is the absolute line in the sand. This area aligns with the lower boundary of the long-term rising channel we've been in since late 2023.

The Scenario: CryptoQuant analysts are spot on: If the bulls defend $101K and close the day above it, this dump is officially a "deviation" and a MASSIVE buying opportunity.

The Risk: A decisive daily close below $101K would severely damage the bullish market structure and could open the door to a deeper correction toward the $94K–$92K zone, as technical models suggest.

This is a high-volatility, make-or-break moment. Are you accumulating into the fear, or trimming risk? Only a seasoned trader knows how to manage positions when the market is this polarized.

Let's hear it, Square Fam: Is this the shakeout before the next leg up, or the start of a deep winter? Drop your price targets! ⬇️

#Bitcoin #BTCCorrection #CryptoQuant #MarketAnalysis #TradeSmart