$FIL just felt real pain.
$16.201K in long liquidations got wiped out at 0.955. That’s not small money — that’s traders who believed price would bounce… but the market had other plans.
When longs get liquidated like this, it means price dropped hard and fast. Weak hands were forced out. Positions closed automatically. Emotions shaken.
Now the real question is simple.
Was this a final flush before a reversal…
or the beginning of a deeper breakdown?
After heavy long liquidations, two things usually happen: Either sellers stay aggressive and push price lower. Or smart money steps in quietly and absorbs the panic.
Watch how price reacts around 0.95.
If it struggles to reclaim that zone, bears stay in control.
If buyers defend and volume rises, a sharp bounce can surprise everyone.
This is the kind of moment where the market tests patience.
Big moves often start right after traders get wiped out.
Stay sharp.
Let go $FIL
