Crypto Market Faces Uncertainty After $2B in Leverage Wiped Out
- —Over $2 billion in leveraged positions liquidated in a week
- —Ran Neuner says market is not out of the woods despite BTC bounce
- —Low trading volumes point to weak trader conviction
- —Traders watch key Bitcoin support levels for recovery or further decline
Why it matters: Thin volumes and cautious sentiment after a major leverage flush raise the risk of another correction if Bitcoin fails to hold support.
Source: Coinfomania