Bitcoin Long Liquidated $96.1K at $115,895 — Expect Volatility
I observed a Bitcoin long liquidation of $96.1K executed at $115,895.20. This forced sell likely added short-term downward pressure on BTC.
I believe this liquidation increases volatility and suggests cautious positioning until orderbook support is confirmed.
I will monitor funding rates, open interest, and price reaction at nearby supports before adding exposure.
Analysis
Large leveraged long liquidation at ~115.9k indicates forced selling and potential short-term downside as liquidity gets swept; watch funding rates and open interest for follow-through.
Recommendation
Watch price action and liquidity; avoid initiating fresh longs until clear buyer absorption or support confirmation occurs.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.