šØ BREAKING: BITCOIN BREAKS BELOW $90,000
Bitcoin has plunged under the $90K level, triggering a sharp cascade of liquidations across the market.
š„ Over $450 MILLION in leveraged LONG positions were wiped out in the past 24 hours as price sliced through key support levels.$LINK
Whatās happening:
⢠Excessive leverage built up above $92Kā$94K
⢠A fast downside move forced mass liquidations, accelerating the drop
⢠Funding rates reset as weak hands were flushed out
Why this matters:$BCH
⢠This looks like a classic leverage cleanse, not a structural breakdown
⢠Open interest is cooling, reducing downside pressure going forward
⢠Historically, these violent flushes often reset the market for the next leg
Short-term pain.
Long-term positioning reset.$ZKP
Volatility is back ā and the market is reminding everyone that Bitcoin never moves in a straight line. ā”ļøš



