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Bitcoin's Technical Shift Signals Major Pressure
The current price action is showing dangerous signs. Long positions are experiencing significant closure, and this technical move could be the key warning traders need to watch closely.
What's happening in the charts right now tells an important story about market pressure building up. The liquidation cascade on leveraged longs suggests we're at an inflection point. Whether this is a temporary correction or a deeper reversal requires careful observation of the next 24-48 hours.
If you're holding leveraged positions, this is the moment to reassess your risk exposure. The market is sending clear signals, and ignoring them could be costly.