The market just saw a huge long liquidation of $9.47K at $25.59.
This means a whale or multiple traders got wiped out, as the price crashed to hit their stop losses and margin calls. With such liquidations, volatility could spike further, leading to either a sharp recovery or deeper corrections.
What This Means:
Liquidation Chain Reaction. If more longs are overleveraged, we could see another wave of liquidations, dragging prices lower.
Bounce Back. If buyers step in aggressively, we might witness a strong recovery rally.
Key Levels to Watch: Support Zone: If selling pressure continues, the next major support could be around $24.50 - $25.00. Resistance Zone: If bulls regain control, expect a possible push back toward $27.00 - $28.50.
Stay sharp, watch for volume spikes, and trade smart.
What’s your move. Buying the dip or waiting for confirmation.
$XRP The crypto market has just witnessed an XRP short liquidation worth $9.4981K at a price level of $2.1195 This liquidation event signals a significant price movement and could be a critical turning point for XRP traders.
What Does This Mean.
A short liquidation happens when traders betting against the price (short sellers) are forced to close their positions as the price rises unexpectedly. This often triggers a cascade of buy orders, driving the price up even further.
Why is This Important.
1. Price Action: XRP hitting $2.1261 is a significant level, indicating strong bullish momentum.
2. Market Sentiment: Liquidations like this suggest many traders were caught off guard by the surge, potentially fueling further upward momentum as shorts exit their positions.
3. Potential Breakout: If XRP maintains this upward trajectory, we could see it challenging new resistance levels soon.
Key Levels to Watch for $XRP
Support Zone: $1.90 - $2.00 (if the price retraces)
Buy Zone: Look for pullbacks near $2.00 for potential entries.
Stop Loss: Place below $1.85 to manage risk.
Target Levels: $2.30, $2.50, and $2.75 in case of sustained bullish momentum.
Trade Smart, Stay Informed.
The recent liquidation highlights the importance of risk management and staying updated with market trends. $XRP journey to $2+ shows a promising bullish outlook, but remember, the crypto market is highly volatile.
$RIVER entered a significant supply zone after a rapid increase, with overall volatility significantly amplified. This wave of increase was too abrupt, and the price reached a critical area previously dominated by sellers. A clear long upper shadow appeared near the high, which is a typical bullish liquidity sweep. After the breakout, chasing the rise led to stop-loss being swept, and sellers began to actively absorb and push down prices at high levels. 📉 Trading direction: Short Entry range: 0.00640 – 0.00665 DCA: 0.00695 / 0.00730 Stop-loss: 0.00785 Target levels: 👉 0.00615 👉 0.00580 👉 0.00540 👉 0.00490 Market psychology: The main force sold during the rise, with retail investors chasing the rise becoming a source of liquidity. The breakout above resistance was only to sweep stop-losses, leaving the bulls trapped. If the price cannot stabilize in the supply zone again, a downward trend is likely to continue, accompanied by rapid spikes and emotional sell-offs.
$HBAR entered a clear supply zone after a strong rally, with overall volatility significantly increasing. Prices expanded rapidly, leaving an imbalance area below, which is a common entry point for sellers. A noticeable long upper shadow appeared near the high, indicating a liquidity sweep by bulls. After the breakout, the chasing bulls were stopped out, and sellers began absorbing and pushing down prices at the highs. 📉 Trading Direction: Short Entry Range: 0.0890 – 0.0910 Adding Positions (DCA): 0.0945 / 0.0980 Stop Loss: 0.1030 Target Levels: 👉 0.0865 👉 0.0820 👉 0.0775 👉 0.0720 Market Psychology: The main players are selling during the rise, and retail investors chasing the price become the source of liquidity. Breaking resistance is just to trigger stop losses, leaving bulls trapped afterward. If the price cannot stabilize in the supply zone, a downward trend is likely to continue, accompanied by rapid spikes and emotional fluctuations.
$COLLECT entered a key supply zone after a rapid surge, and market volatility has significantly increased. Prices rose too quickly, providing the main players with an ideal high position for selling. A clear long upper shadow appeared near the high point, which is a typical bullish liquidity sweep. Bullish investors chasing high prices were attracted to enter, and after stop losses were triggered, sellers began to actively absorb and push prices down. 📉 Trading Direction: Short Entry Range: 0.1180 – 0.1210 DCA: 0.1260 / 0.1320 Stop Loss: 0.1385 Target Levels: 👉 0.1140 👉 0.1085 👉 0.1020 👉 0.0940 Market Psychology: The main players are selling in batches during the rise, and retail investors chasing the price increase have become a source of liquidity. The breakout above is merely a stop-loss sweep, trapping the bulls. If the price cannot stabilize in the supply zone again, the downward trend is likely to continue, accompanied by rapid spikes and emotional sell-offs.
$ZEC Just now, a wave of high volatility surge appeared in the main supply zone. The price has risen too quickly, leaving an unbalanced area below, which is a typical position that sellers often wait for. A noticeable long upper shadow appeared near the high point, indicating that the liquidity of the bulls has been swept away. The bulls chasing the rise are attracted to enter, and after the stop-loss is triggered, the sellers begin to enter strongly. 📉 Trading direction: Short Entry range: 27.80 – 28.20 Incremental buying (DCA): 29.10 / 30.00 Stop loss: 31.40 Target levels: 👉 27.00 👉 25.80 👉 24.40 👉 22.90 Market psychology: The main force is unloading during the rise, and retail investors chasing highs become liquidity. Breaking above the resistance is just a stop-loss sweep behavior, and the bulls are trapped. As long as the price cannot stand back in the supply zone, the downtrend is likely to continue, accompanied by rapid spikes and emotional sell-offs.
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Current Situation $WCT triggered a short liquidation at $0.09346** for **$1.7945K, indicating a local short squeeze in the market, with some leveraged short positions being forcibly liquidated, potentially driving prices upward temporarily.
Current Price: $0.0932 – $0.0940 Range Entry Zone: $0.0942 – $0.0950 (if the price rebounds to this area and shows signs of stagnation or bearish structure) Target Price Levels:
Logical Analysis The scale of this short liquidation is relatively limited, but it may have temporarily consumed nearby sell-side liquidity, providing rebound momentum for prices. Key resistance observation area is at $0.0940–$0.0950. If the price is blocked in this area and shows clear bearish reversal candlesticks (such as long upper shadows, bearish engulfing) or momentum indicator divergence, then it may resume a downward trend, at which point high positions can be considered for shorting.
Current Situation $POLYX triggered a short liquidation at $0.0580** for $4.3325K, indicating a short squeeze on leveraged short positions, which may drive a technical rebound in prices.
Current Price: $0.0578 – $0.0585 range Entry Area: $0.0588 – $0.0595 (if the price rebounds to this area and shows signs of stagnation or bearish structure) Target Levels:
Logical Analysis The current short liquidation power is moderate, temporarily absorbing local selling liquidity, which may trigger a price rebound towards the resistance area near $0.0590**. However, if the price cannot effectively stabilize above this resistance area and forms a bearish reversal signal in the $0.0590–$0.0600 range (such as a long upper shadow, volume-price divergence, or weakening momentum indicators), the price is likely to return to its original downward trend, at which point it can be seen as a good opportunity to short on rallies.
Current Situation $LIT triggered a short squeeze at $2.750** leading to **$3.1946K, indicating that some leveraged short positions were liquidated, which may drive a short-term price rebound.
Current Price: $2.745 – $2.770 range Entry Area: $2.775 – $2.795 (if the price rebounds to this area and shows signs of stagnation or bearish reversal) Target Prices:
Logical Analysis This short squeeze may temporarily alleviate local selling pressure, providing upward momentum. However, if the price rebounds to the previous resistance zone of $2.775–$2.795 and fails to break through effectively, showing exhaustion signals such as long upper shadows, bearish engulfing patterns, or divergence in momentum indicators, it is very likely to resume its original downward trend. This is a key observation area for looking for short-selling opportunities at highs.