The king just slipped — hard. Bitcoin nosedived nearly **3.7% in minutes**, crashing from \$106k to a sharp bounce at **\$102.5k**. The market flinched. But is this blood... or is this the setup?
📉 What Just Happened?
Brace yourself — this was a classic liquidity flush:
🔹 Derivative positions got liquidated en masse (open interest flushed — check CoinGlass)
🔹 Asia session sells often trigger these violent leverage purges
🔹 ETF inflow slowdown + macro jitters = bot-triggered panic
🔹 Possible whale spoofing or exit to tilt altcoin setups pre-expiry
🛠️ Key Technicals in Play
🔹 \$102.5k = critical demand zone.
🔹 If \$102k breaks? Next confluence sits at **\$98.9k–\$100.2k** — that’s the battleground.
🔹 RSI now oversold on 1H, curling upward on 4H — bounce incoming, but it’s fragile.
🔹 Bitcoin dominance is still climbing — meaning alts are bleeding heavier.
⚙️ Gameplan for the Brave
🔹 BTC scalp zone: \$102.2k–\$103.1k (tight stops only)
🔹 L2 sniper buys: \$ARB under \$0.26, \$OP under \$0.25
🔹 No bounce by next 4H close? Let it nuke deeper — next entries will be juicier.
💡 Bottom Line
This isn’t full-blown reversal… yet. If Bitcoin claws back **\$104.8k** fast, it was just a ruthless shakeout. If it stalls? Buckle up — altcoins might enter true pain zones, and that’s where high-risk, high-reward setups live.
Markets don’t gift clean entries.
They scare you into missing them.
Stay locked. Stay savage. The next big trade lives in the chaos 😘
#MarketPullback #IsraelIranConflict #SparkBinanceHODLerAirdrop #MyTradingStyle #CryptoStocks
