💥 Bitcoin Liquidation Update – Shakeout in Progress!
Bitcoin just triggered a major liquidation event, wiping out over 💥 $480M – $600M (combined long + short positions)
📉 Price dipped sharply as over-leveraged longs got flushed out.
What Happened:
🔹 Massive long positions liquidated
🔹 Open Interest dropped, cooling down leverage
🔹 BTC now stabilizing near key support zones
Current BTC Price: 103524~$ (update with live data)
🧠 What to Watch Next:
• If support holds, a bounce could follow
• Low leverage = healthier setup for next move
• Eyes on resistance around $102050 for recovery signal
📢 Don’t get caught — always manage risk, especially in high-leverage zones.