Here's the latest snapshot of Bitcoin and what just happened in the recent liquidation shakeout:

Bitcoin (BTC)
$104,798.00
-$671.00
(-0.64%)
Today
1D
5D
1M
6M
YTD
1Y
5Y
MAX
⚠️ What Just Happened
🔻 Massive Liquidation Event — Over $1 B in 24 Hours
Triggered by geopolitical tension (e.g., Israeli airstrikes on Iran), Bitcoin plunged ~3.3%, wiping out $1.16B in leveraged long positions in just a day—all due to cascading liquidations from market overleverage
medium.com
+9
youtube.com
+9
cryptoquant.com
+9
fxempire.com
+3
tradingview.com
+3
arturafinance.medium.com
+3
.

Within the first 12 hours, nearly $1B was liquidated as algos and stop losses kicked in
tradingview.com
.

🛑 Longs Were Hit Hard
Roughly 91–94% of the positions lost were long positions, especially on Binance and Bybit—highlighting just how skewed the market had become
tradingview.com
+4
ainvest.com
+4
ainvest.com
+4
.

🚀 Why Bitcoin & Crypto Endured
1. Market 'Cleansing' & Leverage Reset
Analysts like DarkFost argue that a shakeout, which cut over $12 B in open interest, functions as a deleveraging reset—a necessary phase for healthier future bull runs
bitcoinist.com
.

2. Bitcoin Dominance Rose
As speculators were forced out, capital rotated back into Bitcoin as a safer asset, increasing Bitcoin's dominance and signaling relative strength
medium.com
+2
forexlive.com
+2
ainvest.com
+2
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3. Technical Support Held Firm
After the blow, BTC maintained critical levels (~$104K–105K support), holding above the key 0.236 Fibonacci retracement from recent highs—indicating that the core uptrend remains intact
ainvest.com
+1
fxempire.com
+1
.

📈 What This Means Moving Forward
Less Leverage = Less Extreme Volatility in the short term.

Shakeout done: this could set the stage for more sustainable upside momentum if fundamentals hold.

Watch Key Levels: Holding above $103K–104K is crucial. Strong load zones = fewer liquidation cascades if corrected
coinedition.com
+3
forexlive.com
+3
medium.com
+3
arturafinance.medium.com
+10
ainvest.com
+10
ainvest.com
+10
.

🧭 Bottom Line
It was brutal, but healthy: over $1B wiped out in a day cleansed excess leverage.

BTC came out stronger, with prices stabilizing around $104K and a resurgence in dominance—showing it's the preferred haven.

Technically intact: support levels held, suggesting a resilient posture for Bitcoin post-shakeout.

📌 Strategy Tips
Action   Why It Matters
Track open interest & leverage heatmap   Helps spot buildup before next shakeout
Use tight stops or lower leverage   Keeps you out of liquidation zone
Monitor Fibonacci & EMAs   Guides entry/exit near critical levels
Diversify into alts cautiously   Bitcoin typically leads after shakeouts