Bitcoin Long Liquidation at 111k: Bearish Signal

BTC showed a notable long-liquidation event around the 111k area, signaling that traders were stretched and were forced to unwind leveraged bets. Such liquidations can create a cascade effect, as forced selling adds pressure and can push price lower in the near term.

While a single liquidation spike doesn’t prove a trend, it does highlight risk of a pullback or retest of nearby support. If the market fails to reclaim the 111k level quickly, downside pressure could persist as weak hands capitulate and liquidity concentrates below recent highs.

Key factors to watch include how the price behaves around major support zones and whether fresh buyers step in to absorb selling pressure. A cautious stance with defined risk controls is prudent until a clearer directional signal emerges.