Tag: Liquidations

Bitcoin Crashes Below 84K: $600M Liquidation Panic!
Market Bloodbath: Bitcoin and Ethereum Hit Multi-Month Lows

The cryptocurrency market is experiencing a severe downturn as Bitcoin plummets below $84,000, triggering a massive liquidation cascade exceeding $600 million. This dramatic price action has sent shockwaves through the crypto ecosystem, with Ethereum also reaching a five-month low.

Key Market Developments:
- Bitcoin Price Action: BTC has fallen below critical support levels, marking its lowest point in recent months
- Ethereum Performance: ETH hits concerning five-month lows, suggesting broader market weakness
- Liquidation Impact: Over $600 million in leveraged positions wiped out
Technical Analysis and Market Implications

The sudden market downturn has triggered significant technical damage to Bitcoin’s chart structure. Key support levels have been breached, potentially setting up further downside momentum. Market analysts suggest the next critical support zone lies at $80,000, with increased volatility expected in the coming days.

Expert Perspectives

According to cryptocurrency analyst Michael van de Poppe: “The current market structure suggests we could see a temporary bottom formation around $80,000 before any significant bounce.”

Trading veteran Peter Brandt adds: “This correction was overdue given the extended rally we’ve seen. The liquidation cascade indicates overleveraged positions being flushed out.”

Liquidation Analysis

The $600 million in liquidations breaks down as follows:
- Long positions: Approximately 78% of total liquidations
- Short positions: Remaining 22%
- Major exchanges affected: Binance, OKX, and Bybit
Market Outlook

While the immediate price action appears bearish, historical data suggests such liquidation events often mark temporary bottoms. Traders should remain cautious and monitor key support levels for potential reversal signals.

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Source: Decrypt
February 26, 2025
Bitcoin Alert: $16B Liquidation Tsunami Incoming!
Market Analysis Reveals Unprecedented Liquidation Setup

A massive $16 billion liquidation scenario could trigger Bitcoin’s next major price move, according to crypto analyst Kevin Capital’s latest market analysis. This revelation comes as Bitcoin continues to show significant volatility around the $88,000 level, with traders closely monitoring potential liquidation events.

Key Liquidation Levels Revealed
- $1.5 billion in long liquidations between current price and $77,000
- $16 billion in short liquidations up to $107,000
- Current price: $88,700 (down 3% in 24 hours)
Market Maker Dynamics Point to Potential Upside

The unprecedented disparity between long and short liquidation levels suggests a potential bullish scenario. Market makers typically gravitate toward price levels with the highest liquidity, making the substantial $16 billion short liquidation zone an attractive target.

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Long-term Holder Confidence Remains Strong

Despite recent market turbulence, long-term Bitcoin holders have demonstrated unwavering confidence, accumulating approximately 20,400 BTC during the recent sell-off. This accumulation pattern suggests strong underlying market support.

Technical Analysis: Key Support Levels

Multiple analysts, including Ali Martinez and Titan of Crypto, have identified critical support levels:
- Primary support: $81,000 (Kijun level)
- Secondary support: $80,850
- Current resistance: Trendline break point
Market Implications and Future Outlook

The current market structure presents a unique situation where the potential for upward movement significantly outweighs downside risks. The massive short liquidation zone could act as a magnet for price action, potentially catalyzing Bitcoin’s next major move above $100,000.

Source: NewsBTC
February 26, 2025
Bitcoin Panic: 12% of Holders Underwater in $87K Drop!
Market Shock as Bitcoin Plunges Below $87,000

In a dramatic market development, Bitcoin has experienced a severe correction, with on-chain data revealing that over 12% of BTC addresses are now underwater – marking the highest level of loss-making positions since October 2024. This latest crash continues the bearish momentum that has gripped the market in recent weeks.

The cryptocurrency flagship has witnessed a sharp 7% decline in the past 24 hours, briefly touching $87,000 before slightly rebounding to $89,000. This downturn has triggered a cascade of liquidations across the crypto derivatives market, with total liquidations reaching a staggering $1.5 billion.

Key Market Impacts:
- Price Movement: 7% drop in 24 hours
- Liquidations: $1.5 billion wiped from derivatives markets
- Affected Holders: 12% of addresses now at a loss
- Market Sentiment: Fear levels increasing
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Technical Analysis and Market Outlook

According to data from IntoTheBlock, the Historical In/Out of the Money indicator shows a concerning trend as more addresses fall into negative territory. This metric, which tracks the average acquisition price of Bitcoin across all addresses, indicates a significant shift in market dynamics.

Market analyst Sarah Chen from CryptoView suggests, ‘This correction could represent a healthy reset of market expectations. However, the rapid increase in underwater positions signals potential further downside if support at $85,000 doesn’t hold.’

Broader Market Impact

The selloff hasn’t been isolated to Bitcoin, with altcoins experiencing even steeper declines. This market-wide correction has led to increased speculation about whether this represents a temporary pullback or the beginning of a more prolonged bearish phase.

Trading veteran Michael Rodriguez notes, ‘The current market structure suggests we’re seeing a typical bull market correction rather than a trend reversal. Historical data shows similar patterns during previous bull runs.’

Looking Ahead

While the immediate outlook appears challenging, institutional interest remains strong. The market will be closely watching key support levels around $85,000-$87,000 for signs of stabilization.

Source: NewsTC
February 26, 2025