Bitcoin's brief surge to $90,000 was driven by a liquidity grab targeting short positions, but it reversed due to exhausted momentum and heavy downside liquidation clusters. This rejection highlights market imbalances favoring potential downward moves toward $84,000 support levels. Short liquidations clustered between $89,500 and $90,500 created a resistance wall that halted the rally. Post-liquidation [...]
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
[email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.