Crypto market plunges: BTC at $81,450 as $930M in longs liquidated
- —$930 million in long positions liquidated in a day, after $650 million the previous day
- —BTC rejected at $87,000 resistance, holding the $81,000–82,500 breakout zone
- —NEAR is the worst top-100 performer, down 14.34%
- —A liquidation cluster remains between $78,000 and $80,500
Why it matters: A hold above $82,000 could trigger a short squeeze; a break lower opens the path to $78,000.
Source: Newsbit