Bitcoin Long Liquidated at $115,268 — Short-Term Pressure

I saw a Bitcoin long position liquidated for $56,000 at a price of $115,268.40. This indicates a leveraged trader was closed out at a high price point, creating a small supply shock.

I view this as a short-term bearish signal that can increase volatility, but it alone doesn't confirm a trend reversal. I would watch subsequent price action, volume, and funding rates for confirmation before changing a longer-term view.