$BTC Long Liquidation Alert: $37.274K at $108,448.13 – Market Wake-Up Call
The market just witnessed a significant long liquidation event worth $37,274 at the $108,448.13 level. This massive wipeout is a signal that bullish overconfidence is being punished, and it could be setting the stage for a volatile move ahead.
Let’s break down the technical analysis to navigate the chaos and identify smart opportunities.
$BTC Analysis – Get Ready for the Next Move
Trend:
The overall trend remains bullish on the higher timeframe, but short-term corrections are not only expected—they are necessary for a healthy continuation.
Buy Zone (Demand Zone)
Primary Buy Zone: $66,800 – $68,200
Secondary Buy Zone (deep retest): $64,500 – $65,300
If Bitcoin dips into these levels, expect strong buyer interest from whales and institutions. Watch for volume spikes and bullish engulfing patterns.
Target Zones
Short-Term Target: $71,500
Mid-Term Target: $74,800
Extended Target: $78,000
These targets are based on Fibonacci extensions and previous price rejections during distribution phases.
Stop-Loss Level
Place a tight stop-loss below $64,000
If $BTC breaks this level, it could trigger a deeper correction down to $61,000. Don’t fight the trend—protect your capital first.
Conclusion:
This long liquidation is a warning shot, not a defeat. Smart money is patient, watching for key zones to re-enter. Stay ahead of the crowd by focusing on structure, volume, and momentum.
The next move could be explosive—prepare, don’t predict.