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. 📉📊
