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BITCOIN CONTINUES TO CRASH BELOW $61K 🥲
The market continues to face heavy selling pressure:
👉 Bitcoin has dropped below:
$61K
👉 Ethereum has retreated to:
$1,600
👉 The lowest point since April 2025
In the last 24 hours:
👉 Over $1.2B in positions liquidated across the market
👉 About 80% belongs to the Long side
Key points to note:
👉 This continues to be a major long squeeze
👉 As the leverage that built up earlier gets wiped out quickly in a short time
Reality:
👉 The market often drops faster than it rises
👉 And in periods of weakening liquidity, liquidation determines the pace of the price drop, not the news
👉 The more people believe the bottom has been reached, the more the market tends to test that belief
$NEAR
$ENA
$LAB #ShareYourUSStocksWinNvidia