$BTC 💡 Idea of the Day


The market remains in **fear** territory (FNG 29) with a staggering 100% of liquidations hitting **longs** — a textbook **massive long liquidation** event totaling $43.2M, signaling retail capitulation as leveraged bulls are flushed out.

Similar setups on July 20 and May 31 preceded local bottoms within days.

For traders, this extreme one-sided liquidation often marks climax selling; a short-term bounce is probable, but confirm with volume before entry.

⚠️ **Risk: 7/10** — The looming Fed meeting injects macro uncertainty, and low short liquidations suggest bears aren't squeezed yet, leaving downside risk open.

📊 Key levels:
• BTC: $63,000 / $65,000
• ETH: $1,900 / $1,900

DYOR | Not financial advice
BTC0.32%
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