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@crypto trader
🚨 $1B+ Liquidated, But Is the Sell-Off Over?
US stocks bounced back strongly, with the S&P 500 posting its biggest daily gain in 7 months. But crypto is still under pressure.
BTC briefly dropped below $74K, ETH fell under $2,100, and over $1B in positions were liquidated.
My view: Short-term weakness remains, but chasing shorts after massive liquidations is risky.
BTC needs to hold $73K–$74K, while ETH must reclaim $2,200 to show real strength.
#DailyOrbit
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