Follow me 👀🫶🫶🫶🫶

💵 Bitcoin (BTC):💥👀
Trading at around $121,000, down from its record levels exceeding $126,000 earlier this week. The decline comes as a result of a broad wave of profit-taking after a strong rise.
Maintaining support at $121,000 is key to avoiding a deeper correction, while the $125,000 area constitutes resistance that must be broken to resume upward momentum.

🤑🤑🤑🤑🤑🤑🤑🤑🤑
Altcoins:
Performance is mixed and accompanied by caution; as Bitcoin declines, volatility in alternative coins increases. Most major currencies are trying to hold their ground, while smaller coins continue to struggle with selling pressure linked to profit-taking and a decline in overall risk appetite.

⸻

📰 Overview of the Crypto Market
🗓 October 10, 2025

🔍 Market Capitalization
The total market capitalization shows a slight decline coinciding with the drop in Bitcoin's price, reflecting a temporary withdrawal of some liquidity from the market for profit-taking.
⸻
💧 Liquidity & Volume
• Total Volume: Trading volume for Bitcoin is showing a significant increase, confirming that the sales that occurred were accompanied by strong liquidity for profit-taking.
• Liquidations: Liquidations of some excessive long positions that were targeting a continuous rise without pause are likely, contributing to downward pressure.
⸻
🕯
#SquareMentionsHeatwave $BTC