BTC $96K Long Liquidated at $115,895 — Short-Term Weakness
I reported a BTC long liquidation: a $96.1K position was liquidated at $115,895.20. This looks like a concentrated stop-hit at a high price point.
I see this as evidence of short-term selling pressure and increased volatility around current levels. One liquidation of this size can amplify downside momentum if it triggers additional stops.
I will monitor order flow and nearby support before adding exposure; I won’t initiate fresh longs into the move until price stabilizes.
Analysis
Recommendation
Watch price action and volume around key support levels. Avoid opening new long positions until consolidation or a clear recovery; consider trimming exposure if already long.
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.