News
Significance:
6/10
Bitcoin's $19 Billion Leverage Wipeout Leaves Market in Reset Mode
https://decrypt.co/344515/bitcoins-19-billion-leverage-wipeout-leaves-market-reset-mode
Mentions
People | |
Organizations |
Sentiments
Target | Sentiment | Comment |
|---|---|---|
Bearish | Bitcoin is in a critical confidence-rebuilding phase after a $19 billion leverage wipeout. | |
Bearish | Glassnode warns of structural weakness and deeper correction risks if Bitcoin breaks below $108,400. | |
Bullish | K33 Research suggests that similar open interest flushes have aligned with market bottoms in the past. |