Bitcoin recently dipped nearly 2%, closing around $116K, triggering massive liquidations — over $526M wiped out, mainly from over-leveraged long traders. $ETH saw $6.6M wiped, and $XRP lost $1.26M worth of positions. Signs that sentiment was overheated and correction overdue.
Opportunity or caution:
This flush may clear weak hands and pave the way for renewed $BTC strength.
For traders: re-entry zones around $115K–$116K may offer good risk/reward if momentum holds.
For alt exposure: ETH, XRP, SOL, and BNB could see upside relief rallies after the liquidations reset sentiment.
Ask the community: Did you buy the dip or already take profit? Share your trade strategy or whether you’re rotating into ETH or layer-1 alts like SOL and BNB.
