BEREKAN: LAST NIGHT'S BITCOIN SURGE PAST $77K

🔶 Bitcoin just experienced an aggressive dip as the price temporarily dropped below the $77K region.
📊 More than $500M long leverage positions were liquidated within about 60 minutes, creating a chain reaction across the market.
What is likely happening here:
🔶 Excessive leverage built up on the long side
🔶 Initial selling triggered stop losses
🔶 Forced liquidations accelerated downward pressure
🔶 Cascade effects pushed the price down rapidly
This type of movement is usually the reason why leverage becomes dangerous during uncertain market conditions.
Many traders see this event as pure fear, but historically large liquidation events often act as liquidity grabs before the market begins to establish a clearer direction.
Now the main question becomes:
📍 Is this truly a decline?
📍 Or just a liquidity sweep designed to wipe out overly leveraged traders?
The areas I will monitor now:
🎯 76K–77K → Potential demand zone
🎯 79.5K–80K → Recovery zone
🎯 82K+ → Confirmation of strength
⚠️ Volatility after cascade liquidations can remain very high. The market often moves aggressively in both directions before showing a clear trend.
TRADING EXPERIENCE AS EXPERIENCE:
Liquidations create noise. Structure creates direction. The next reaction around support is more important than the panic itself.
$BTC ‌#GateSquareMayTradingShare