Urgent: $172M Liquidation Wave — This Is a Reset, Not an Entry
$172M in longs wiped
in under 60 minutes.
$BTC ↓
$ETH ↓
Same move. Same cause.
Leverage got too heavy.
Now it’s getting cleared.
This isn’t random selling.
This is forced liquidation flow.
And it doesn’t stop instantly.
It comes in waves.
What matters:
• Cascades feed themselves
• Price overshoots
• Volatility expands
This is where traders make mistakes:
They try to catch the bottom
inside a liquidation cycle.
That’s how you get trapped.
Better approach:
Wait for:
• Liquidations to slow
• Structure to rebuild
• Buyers to step in
Then act.
Verdict:
This is a reset phase.
Not a dip to rush. ⚠️