TraderKnows

Over the past 24 hours, the crypto market has recorded $268 million in total liquidations. Data shows that long positions absorbed the majority of the impact with $181 million wiped out, while short liquidations amounted to $87.15 million. Asset-specific data highlights that BTC and ETH saw liquidation totals of $60.58 million and $52.79 million, respectively. #Crypto #Liquidations #traderknows

Market data indicates a sustained downtrend from the 82,000 peak with no significant bounce, leaving the 80,000 psychological support looking increasingly fragile. As selling pressure continues, technical setups suggest that an inability to reclaim the 81,000 level may lead to further downside toward the 79,000 zone. Under current conditions, capital preservation remains a primary focus for market participants. #BTC #Crypto #traderknows