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Large BTC Long Liquidated — Short-Term Bearish Signal

I observed a large BTC long liquidation: an average entry of $121,349.16 for a $1,252,081 position executed by bots at @bpay_group. This was a forceful deleveraging event that likely removed margin from the market at that price band.

I interpret this as a near-term bearish sign — the liquidation increases selling pressure and volatility around current levels. I will watch order flow, open interest and nearby support before increasing exposure.

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Analysis

A $1.25M long liquidation at ~121.35k USD points to forced selling and potential short-term downside risk rather than a confirmed trend reversal. Expect higher volatility, possible retests of nearby s...

Recommendation

I recommend not initiating new long positions immediately: either reduce exposure or wait for clear support retest and confirming buy signals. Monitor open interest and liquidation clusters to gauge w...

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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