Crypto liquidations hit $1.3B as Bitcoin price nosedives below $104K

In recent developments, over $1.3 billion was wiped out across the crypto market as traders shifted their focus to $100,000 as the last line of defense for Bitcoin.

Looking closer, market participants highlight key drivers such as liquidity flows, macro risk appetite, regulatory headlines, and on-chain activity. Short-term swings often reflect liquidation cascades and funding imbalances, while spot volumes and exchange inflows set the broader tone.

Analysis: The medium-term picture hinges on whether buyers can sustain momentum without excessive leverage. If flows continue favoring majors like BTC and ETH, altcoins could experience a staggered rotation instead of a broad-based rally. Meanwhile, policy clarity in key jurisdictions remains a decisive catalyst; clearer rules typically compress risk premia and attract institutional allocations. Beyond price action, on-chain metrics such as active addresses, fees, and stablecoin velocity help validate trend strength.

Outlook: Over the next few weeks, observers will watch price acceptance above recent resistance, derivatives positioning, and ETF-related flows. A constructive setup would feature rising spot demand, contained leverage, and improving breadth across sectors such as DeFi, infrastructure, and Layer-2 ecosystems.

Additionally, sentiment tends to track realized volatility; when price stabilizes near local highs, incremental bids from systematic strategies can extend trends, whereas sharp reversals often prune risk quickly. Seasoned traders emphasize risk management and staggered entries in this environment.

Original source: link

Related Posts

FIDD Goes Live — Fidelity Brings Its Digital Dollar Stablecoin to Crypto Ma…

In recent developments, on Wednesday, Fidelity Investments’ digital currency arm Fidelity Digital Assets announced it launched its first stablecoin, the Fidelity Digital Dollar (FIDD), marking the firm’s formal entry into…

Polymarket’s Free Grocery Store Pop-up Aims to One-up Kalshi’s Viral Give…

In recent developments, two rival prediction markets took their competition offline and into the checkout aisle this month, as Polymarket and Kalshi rolled out free-grocery stunts in New York City…

Bir yanıt yazın

E-posta adresiniz yayınlanmayacak. Gerekli alanlar * ile işaretlenmişlerdir