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⭐Currently, the $PLUME token is trading around $0.074 and serves multiple purposes: transaction fees, staking, governance, and ecosystem rewards. Its future value depends on the adoption of its RWA technology, institutional participation, and the network's ability to effectively scale real-world tokenized assets. #PowellRemarksplume #PowellRemarks #Write2Earn! @plumenetwork #plume $PLUME
⭐Currently, the $PLUME token is trading around $0.074 and serves multiple purposes: transaction fees, staking, governance, and ecosystem rewards.
Its future value depends on the adoption of its RWA technology, institutional participation, and the network's ability to effectively scale real-world tokenized assets.
#PowellRemarksplume #PowellRemarks #Write2Earn! @Plume - RWA Chain #plume $PLUME
Why Did Bitcoin Drop Below $106K — and What’s Really Going On?Bitcoin’s slide from $107K to $105K looked scary at first glance. Social media instantly filled with panic, theories, and fear of a deeper crash. But the reality is far simpler — and far more common. This wasn’t caused by news, fundamentals, or any major shift. It was a classic long squeeze. Too many traders were stacked on high-leverage longs. So when BTC dipped below short-term EMAs, the pressure kicked in: ❌ Highly leveraged longs got triggered 🔥 Liquidations cascaded 📉 Open interest dropped sharply 📊 Taker sell volume spiked instantly In other words: the market flushed out the overcrowded positions. Moves like this are normal. They shake out aggressive leverage before the next phase of price action can form. ✅ Market Structure Check As long as Bitcoin stays above the $104K support zone, the broader structure remains intact. This pullback looks more like a liquidity reset, not a trend reversal. The market needed to cool off — and that’s exactly what happened. No panic required. No drama. Just a typical cleanup of greedy positions. ⚠️ A Quick Reminder High leverage = high risk. Volatility is designed to punish overexposed traders. Stay measured. Stay patient. Let the market settle instead of reacting emotionally. After these shakeouts, Bitcoin often stabilizes and finds its momentum again. #PowellRemarksplume #WriteToEarnUpgrade #MeowAler $BTC {spot}(BTCUSDT)

Why Did Bitcoin Drop Below $106K — and What’s Really Going On?

Bitcoin’s slide from $107K to $105K looked scary at first glance. Social media instantly filled with panic, theories, and fear of a deeper crash.

But the reality is far simpler — and far more common.


This wasn’t caused by news, fundamentals, or any major shift.

It was a classic long squeeze.


Too many traders were stacked on high-leverage longs.

So when BTC dipped below short-term EMAs, the pressure kicked in:




❌ Highly leveraged longs got triggered



🔥 Liquidations cascaded




📉 Open interest dropped sharply



📊 Taker sell volume spiked instantly





In other words: the market flushed out the overcrowded positions.


Moves like this are normal. They shake out aggressive leverage before the next phase of price action can form.


✅ Market Structure Check


As long as Bitcoin stays above the $104K support zone, the broader structure remains intact.

This pullback looks more like a liquidity reset, not a trend reversal.


The market needed to cool off — and that’s exactly what happened.


No panic required. No drama.

Just a typical cleanup of greedy positions.


⚠️ A Quick Reminder


High leverage = high risk.

Volatility is designed to punish overexposed traders.


Stay measured. Stay patient. Let the market settle instead of reacting emotionally.

After these shakeouts, Bitcoin often stabilizes and finds its momentum again.

#PowellRemarksplume #WriteToEarnUpgrade #MeowAler
$BTC
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