liquidations

The world as you know it has just melted away. If you thought 2008 was ugly, I'm sorry to inform you: that was a rehearsal.
Look at the screens. Red is not just a color, it's the blood of sardines being served at the elites' banquet. Global markets are in free fall, gold is throwing in the towel, and Bitcoin... ah, our dear $BTC testing the soul of those who claimed to have "diamond hands".
But don't be fooled: this is not a "crypto winter". It is a global winter. The temperature of the traditional financial system has dropped below zero, and the ice is cracking under everyone's feet.

Over the past sessions, Bitcoin moving below the $70,000 level has become one of the most talked-about developments in the market.
Rather than treating this as a headline event, I wanted to look at how the daily chart is reacting to this level and what the broader sentiment shift appears to be.
This is a personal market observation based on current chart behavior.

Bitcoin recently dropped below the $70,000 zone, a level that had held for months and became widely viewed as an important psychological and structural area.
The most notable part of this move is not the number itself — it’s the change in behavior after the break.

On the daily timeframe we can see:
Larger candles compared to prior weeksIncreased volatilityStronger reactions to intraday moves

This type of shift often appears when the market moves from confidence → caution.
Institutional Flow & Long-Term Trend Signals:

Another important change in market discussions in recent times is observed in terms of a shift in institutional behavior.
Institutionally, the last cycle, the participation was viewed as one of the biggest supports for the price action of Bitcoin. Recently, the data from multiple platforms shared by analytics platforms indicated a weakened institutional participation compared to the last year.
One of the prominent observations is the change related to the behavior of the U.S. dollar Bitcoin ETFs. Indeed, ETFs acted as significant demand for BTC at the same period last year. However, the latest flow has noticed some observations of net selling, which impacts the market’s short-run balance of market participants.
Long-Term Trend Indicator / 365 Day Moving Average:
Another trend of note is that of Bitcoin sliding past its 365-day moving average.
This indicator can frequently be utilized to ‘smooth’ the volatility of short-term price movements, in addition to determining the direction of the trend moving forward. When the price rises above it, the trend in the market is usually in very good health; however, when the price falls below it, then this reflects a ‘re-evaluation period’.
Historically, movements away from or towards this long-term average tend to:
Slow momentum
Increase volatility
Shift Sentiment From Confident to Cautious
This does not determine future direction of price, but it does indicate that the market is evaluating its past trend.
What This Suggests About Current Market Behavior:
Putting these observations together:
Institutional participation appears less aggressive than last yearLong-term trend indicators are being testedVolatility has increased across the daily timeframe
These conditions usually appear when markets transition from strong trend → uncertainty phase.
At this stage, the focus shifts from momentum to how price reacts around key long-term indicators.
Sentiment Shift: From Narrative to Liquidity:

Over the last year, Bitcoin had been widely discussed as:
A store of valueA hedge against inflationA digital alternative to traditional safe havens
However, recent price action suggests that the market is currently treating Bitcoin more like a risk-sensitive asset, moving alongside broader market sentiment.
This does not invalidate long-term narratives, but it does show how short-term behavior can diverge from long-term expectations.

Volatility & Liquidations:

Another factor which has caused the decrease below the mark of $70K is the effect of forced liquidations.
When volatility increases,
“Leveraged positions get closed automatically”
Price movements are accelerated quickly
Sentiment can change quickly
Such events can cause large price movements that, although dramatic in the financial press, represent perfectly ordinary market cycles.

What the Market Appears to Be Processing......

As of now, the daily chart implies:
Confidence is under review
Participants are becoming more cautious
The prices are reflecting the overall risk sentiment
This doesn’t mean, of course, that this might be a permanent shift, but it certainly indicates a change in shorter-term behavior.
"Normally, the markets do not move in a straight line. Markets move in phases."

Does the break below $70K feel structural or temporary.....?
How much weight do you give psychological levels like this......?
What signals do you watch most on the daily timeframe......?

#BTC #WhenWillBTCRebound #Liquidations

The market is in full "Panic Mode" today. $BTC has officially dipped below $70k for the first time in 15 months, and the liquidations are staggering. With the Fear & Greed Index hitting a chilling 12 (Extreme Fear), here is what you need to know:
🔍 Why the Bloodshed?
1. Geopolitical Heat: Tensions in the Gulf (US-Iran) are driving a massive "risk-off" move across all global markets.
2. Liquidation Cascade: We just saw $722M in long positions liquidated in 24 hours. When $74k broke, the dominoes fell fast.
3. The "Crisis of Faith": Bitcoin is currently 45% below its October peak ($126k). Many are questioning the "inflation hedge" narrative as Gold rises and BTC falls.
📉 Critical Levels to Watch
• Support: $68,000 (The 200-week EMA). If this fails, the next stop is $65k.
• Resistance: $74,600. We must reclaim this to stop the bleeding.
✅ My Move:
I am NOT panic selling. Historically, when the Fear & Greed index hits 12, it’s usually the time to start scaling back in, not out. I’m looking for "strength signals" at the $68k level.

Over $2B in crypto liquidations hit the market in the last 24 hours as leverage unwound aggressively.
$BTC led the move, dumping below $64K after a sharp vertical sell-off, signaling forced de-risking rather than organic selling.$ETH followed with a clean breakdown under $1,850, confirming broad market weakness. Order books thinned, bids disappeared, and liquidation cascades accelerated downside momentum.
📊This was a volatility reset, not a slow correction.⚠️

The key question now: capitulation… or continuation?
Charts will decide. 📉📊