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taishiro
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BTC is sitting right on a critical liquidity zone, and the margin for error is getting smaller.
The repeated liquidations around $79.5K show how much leverage is exposed in this range. ETH is facing similar pressure, with liquidation levels practically touching spot price.
What makes this more concerning is the simultaneous weakness in Nasdaq futures. If macro pressure continues, leveraged longs could become forced sellers, adding more fuel to the downside.
無名先生
$BTC hit a low of 79,668 at 10:45, just about 170 dollars above the 79,500 buy-side defense line I mentioned yesterday.
The Hyperliquid 40x position I just wrote about was liquidated again at 10:30: 26.96 BTC at an average price of about 79,786, resulting in a loss of approximately 43,000 dollars. In less than 18 hours, this is already its third liquidation.
It still has 107.86 long positions left, with a liquidation price around 79,408, just under 100 dollars below 79,500.
ETH is even more precarious: at 10:36 it hit a low of 2,292.1, with Brother Maji’s liquidation price at 2,290.56, only 1.54 dollars apart. From 09:48 to 10:31, he manually cut 175 positions in 8 batches, now leaving 300 positions.
During the same period, Nasdaq futures dropped about 1.4% (Google’s earnings missed expectations). Holding 79,500 would be a false breakdown; failing to hold it could trigger a series of liquidations. Which side are you on?
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