Post #7803

📉 Bitcoin Longs Wiped Out Below $111K Bitcoin futures faced another major flush of long liquidations as price broke under $111,000. This broad deleveraging resets positioning and reduces the risk of further cascades, but not without pain first. ➡️ Price dipped under $111K, triggering heavy long liquidations ➡️ Spikes on the chart show clustered wipeouts of leveraged longs ➡️ Such events often reset leverage in the system, stabilizing conditions short term Leverage cuts both ways. These liquidation waves hurt traders caught on the wrong side but clear the board for the next move. 🐴Powered by White Horse