Massive Short Liquidation Alert on $BTC : $7.5M Crushed at $102,799.56
The bears just got obliterated as a massive $7.5 million in short positions were liquidated near the $102,799 mark. This is not just a number — it’s a statement from the bulls.
The market is heating up and momentum is real. The liquidation wall suggests extreme confidence from buyers, but what comes next is the real game.
Technical Analysis
Trend: Ultra bullish
Momentum: Strong continuation with volume confirmation
Breakout Level: $100,000 psychological resistance flipped into support
Buy Zone (Re-entry Area)
$98,200 – $100,800
If $BTC sees a healthy pullback, this zone offers a high-probability long entry. Previous resistance now acts as support. Look for candle confirmation before entry.
Targets
Target 1: $105,400
Target 2: $109,800
Target 3: $115,000 (extended wave projection)
Stop-Loss
$96,400
A clean invalidation point below the previous structure low. Breach of this level would signal fading momentum and potential reversal.
Final Words
This liquidation spike is more than just noise. It marks a power shift. With shorts getting wiped and buyers taking control, the path to new highs is being paved in real time. But remember — parabolic moves always come with volatility.
Stay focused. Trade smart. Ride the wave, not the hype.