🚨 BITCOIN BREAKS BELOW $69K — THE LONG-SIDE IS UNDER ATTACK!
The crypto market is sending a serious warning to leveraged traders.
Here is what the Binance Futures market snapshot revealed on November 13:
📉 THREE MAJOR CONTRACTS
₿ BTCUSDT: $68,958 | -6.3%
Ξ ETHUSDT: $1,941 | -5.3%
◎ SOLUSDT: $80.45 | -3.0%
🔥 THE REAL STORY IS NOT JUST THE PRICE DROP.
• Around $384 million in leveraged LONG positions were liquidated.
• Market-wide Open Interest increased approximately 1.5% even as prices fell.
• This suggests fresh positions were entering during the decline.
🎯 WHERE IS THE TRADING OPPORTUNITY?
Don’t blindly short after a major fall.
My trading plan:
1️⃣ Watch BTC’s next 1H bounce.
2️⃣ Identify whether price can reclaim broken support.
3️⃣ If the retest fails, watch for a possible SHORT confirmation.
4️⃣ Place a stop-loss above the rejection high.
5️⃣ Target the next support only after confirmation.
⚠️ If BTC reclaims resistance and holds, the bearish setup loses strength.
MY BIG QUESTION:
Are we witnessing the beginning of a deeper correction, or is this a liquidation event before a recovery?
👇 LONG or SHORT? Tell me why.
Market snapshot: November 13, 2026, 07:25 UTC. Prices and market-wide derivatives figures are snapshot data, not live quotes. OI alone does not establish market direction. Trade with risk management; no setup guarantees profit.
#Bitcoin #BinanceFutures #CryptoTrading