Traders Eye Discounts As $100M Longs Liquidated – Best Cheap Crypto to Buy Now
Bitcoin has spent weeks pressing higher, registering a sequence of higher highs that drew traders deeper into leveraged long positions. That trend came to an abrupt halt when the price slipped back toward the $113,000 range, triggering liquidations of more than $100 million in long contracts within just one hour.
The sudden move unsettled sentiment across the market and revived concerns of further downside. Yet, for seasoned investors, the correction is not being viewed purely as a setback. Instead, many see it as a necessary reset after a steep rally, one that could provide the base for a stronger rebound in the coming sessions.
The Correction, Liquidations, and What Comes Next
The charts had been hinting at strain…
