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BTC

Bitcoin Long Liquidated at $117,156 — Expect Short-Term Volatility

I noticed a Bitcoin long position of $117K was liquidated at $117,156.00.

This liquidation suggests a short-term flush and elevated volatility around current levels, potentially triggering further stop-runs before a stable support is found.

I will wait for clear confirmation of support or a meaningful retracement before adding exposure, and I recommend tight risk controls if trading this move.

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Analysis

The liquidation of a $117K long at $117,156 points to stop-hunting or a weak bid at this level. Price action may continue to see whipsaws and elevated volatility until buyers re-establish conviction o...

Recommendation

Remain cautious: avoid initiating fresh long positions until price confirms support or shows a clean retracement. Use tight stops or reduce position size if you trade the volatility.

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.

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