Crypto Express

06/19 01:26

Will long liquidations trigger BTC next major

Will long liquidations trigger BTC next major correction?

According to an exchange Liquidation Map, a large cluster of long liquidations sits just below the $104K level. 

If prices fall below this threshold, it could trigger cascading forced sell-offs, intensifying downward volatility. 

However, significant short positions lie just above, suggesting potential for a short squeeze if the price breaks higher instead

Therefore, the market remains at a critical crossroads where leverage dynamics could dictate the next decisive move.

Bitcoin’s rally above $100K has not triggered traditional signs of market overheating, as on-chain indicators remain neutral or even bullish.

Negative sentiment, declining valuation metrics, and holding behavior suggest the uptrend may still have fuel.

However, elevated long-term liquidation levels highlight short-term risk if support breaks. 

Overall, the data paints a picture of cautious optimism, where fundamental strength remains intact, yet leverage and sentiment could shape near-term volatility.

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