Massive Liquidations Shake the Crypto Market
In just 30 minutes, more than $230 million was recorded in liquidations of leveraged traders in the crypto market. Volatility did not forgive, and the sharp movements left thousands of positions out of play.
🔻 Bitcoin breaks a key support: for the first time in 30 days, the price of BTC fell below $110,000, raising concerns among investors and traders.
📉 This technical break could open the door to an acceleration of the drop, especially if the bulls fail to recover support levels in the coming hours.
👉 The market is watching closely: will this be a discounted buying opportunity or the start of a deeper correction?
💬 Question for the Binance community:
Do you think Bitcoin can quickly recover to $110,000 or are we facing a larger pullback?