Post
Bearish

$900 million liquidated! Long at 74000 and trapped $5,000? $BTC The “chain liquidation” and your last window to break even!



Guys, it’s Lao Zhang. Look at the chart: $906 million wiped out in 24 hours, with longs accounting for 96.1% of liquidations! You went long at 74000, and now it’s 69000—a $5,000 unrealized loss. Don’t panic, but absolutely don’t blindly hold your position.

This crash came from three blows at once: U.S. October CPI rose 0.4% month over month, above expectations, reigniting fears of a December rate hike; Nvidia’s Jensen Huang suddenly resigning triggered a tech stock sell-off; and MSCI’s removal of Strategy at the end of the month fueled expectations of passive selling. ETFs saw net outflows of over $2 billion in three weeks. Institutions are pulling out while you’re holding on.

Key level: 68000. This is the last line of defense indicated by the liquidation heatmap. If it decisively breaks below, the next target is 65000-67000, and your $5,000 unrealized loss could turn into $15,000. Whale data already shows long whales sitting on over $65 million in unrealized losses.

The rebound to 69000 is a chance to get out, not a buy-the-dip signal. The biggest mistake in trading is being stubborn. Admitting you’re wrong is nothing to be ashamed of; losing everything means you’re out of the game. Everyone’s position and circumstances are different—there’s no one-size-fits-all way to break even.

I’ve put together the most critical liquidation levels right now and position-by-position plans to help you break even. The market can change in an instant. What you need most right now is not to stubbornly hold on.

Bring your position screenshot and tell me your risk tolerance. @老张说趋势 I’ll put together a customized plan for you, step by step! Get your position in order—there’s still hope this time!

#黄仁勋辞职 #BTC跌4%
View Original
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
BTCBTC-0.65%

  • 1

Add a comment
Add a comment

Comment 2
TimeCapsuleMeme
Save this liquidation heatmap in my time capsule and open it on this day next year to see where this $900 million went. Author, what do you think we’ll be able to dig up?
Exit Liquidity Buddy
Went long at 74000, now down 5000. I know this script: the next episode is called “Hold on through another 5000 and it becomes 15000.” I’m an old hand.