#Bitcoin Longs Took a Hit Below $111K

Futures saw a big flush of long liquidations as BTC fell under $111,000, shaking out a lot of leveraged positions.

➡️ Price dropped below $111K, triggering heavy long liquidations

➡️ Chart spikes reveal clustered wipeouts of leveraged longs

➡️ These resets often stabilize leverage and conditions in the short term

Liquidations sting in the moment but clear the way for the next move.