BTC $150K Long Liquidated at $117,790 — Exercise Caution
I was liquidated on a BTC long sized $150,000 at a fill of $117,790.
This trade shows that leverage and short-term volatility remain high around current BTC levels and can quickly wipe positions.
I will pause new entries, tighten risk management, and watch price structure before committing more capital.
Analysis
Recommendation
Reduce leverage, tighten stops, and watch key support/resistance and volume for confirmation before opening new long positions; treat this as a cautionary data point rather than a sole market signal.
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.