Bitcoin Long Liquidated at $115,646 — Short-Term Risk
I recorded a $93.4K BTC long liquidation executed at $115,646.17. This shows leveraged positions were stopped out near that price level.
I view this as a sign of short-term selling pressure and elevated volatility rather than a decisive trend reversal. The liquidation size is meaningful for the trader involved but small relative to overall market liquidity.
I remain cautious: I’m watching for follow-through momentum before re-entering leveraged long positions and prefer lower leverage until price stabilizes.
Analysis
Recommendation
I recommend avoiding new leveraged long entries, reducing exposure if already highly leveraged, and waiting for clear stabilization or a retest with lower volatility before increasing position size.
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.