BTC falls below $62,000, $1.03 billion liquidated in 12 hours, with $952 million in long positions wiped out.

I haven't seen this price in months.

A 7% decline + 10x average volume explosive candlestick — this is not a correction, it's a stampede.

Long to short ratio is $952 million to $77.55 million, meaning longs are slaughtered at a rate 12 times that of shorts.

When you asked me in April how low BTC would go, I said "77,000 has support."

Now at 62,000, where is the support? No one knows.

Rising interest rate expectations, geopolitical risks recurring, eight departments regulating cross-border... every piece of bad news is stacking up.

When the market shifts from "waiting for rate cuts" to "waiting for rate hikes," 77,000 is the top, not the bottom.

The $1.03 billion liquidation is the blood of high-leverage players.

If the next support level can't hold, 55,000 is not a dream.

Remember Huang Licheng's lesson:

25x leverage, 7 liquidations, then open the 8th.

The market is teaching everyone the same lesson — don’t refuse to admit defeat. #分享美股交易赢英伟达股票 $NOK