$BTC swept the low and held support
this liquidation will go down as one of the most obvious dips of the run once ATH hits and alts exit pump to finish the crime cycle
Huge liquidations usually mark local tops/bottoms and this one dwarfs anything we’ve seen this year
Good case: worst is over, we chop around support, possibly sweep the lows
Bad case: lose 112k and we likely tag 106k
Either way, a smol recovery is due and I'd chill with 90k calls for now
6.64K
27
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.