🚨🚨🚨Heavy Liquidations Hit #bitcoin and #Ethereum✅ – Market Cooling Off Before the Next Big Move? 🚨🚨🚨
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Recently, over $42 billion worth of leveraged long positions in Bitcoin were wiped out in the price zone between $87,000 and $90,000. Meanwhile, Ethereum also saw a significant build-up of risk, with nearly $18 billion in long contracts stacked around the $1,650 level. This heavy liquidation wave signals aggressive overleveraging in the market and hints at possible short- to mid-term volatility before any sustainable uptrend resumes.
Looking ahead, the chance of Bitcoin shooting straight to $135,000 in the near term appears quite slim. What’s more likely is an extended phase of wide-range movement lasting several weeks or even months, where price surges may fail to bring profit, while sudden drops could keep punishing leveraged traders. The market could now enter a "shakeout zone" where excessive leverage is slowly removed, setting the stage for a healthier and more stable climb later on. Once this cleansing phase finishes and leverage is under control, a strong move toward $135K or higher could follow—possibly marking the final stage of the bull cycle, accompanied by high-volatility swings near the top.
📉 Stay cautious with leverage, focus on capital protection, and be patient—this phase is built to test discipline, not just technical setups.
#BinanceAlphaAlert #BinanceSquareTalks #BlackRockETHPurchase
