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Crypto crash wipes billions, Bitcoin leads the slide

A steep selloff hit on Friday. Losses spread across majors and altcoins.

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• [Market cap fell to $3.7T]: Broad selling hit crypto across the board.

• [Liquidations topped $20B]: Excess leverage unwound on centralized venues.

• [Bitcoin bounced to near $111,200]: Price recovered part of the drop, risk of a dead-cat bounce remains.

Selling pressure lingers, CME futures open in focus

Traders look to Sunday’s CME open for direction. Open interest reset signals caution.

• [OI fell sharply]: About $20B in leveraged positions were flushed, traders stayed on the sidelines.

• [Weekend books thin]: Late Friday tariff headlines hit as liquidity thinned into the close.

• [Heatmaps flag key levels]: Liquidity pockets clustered between 120,000 and 110,000.

Scottie Pippen to holders, do not sell your Bitcoin

A sports icon weighed in after the crash. He urged patience through volatility.

• [Record futures reset]: Bitcoin futures saw the largest single-day OI wipeout, over $11B.

• [Distribution uptick]: Long-term holders sold about 240,000 BTC in 30 days.

• [Key support near $100,000]: A decisive break below risks ending the three-year bull cycle.

Golden cross retest, bulls want a clean break above $110,000

Analysts point to a classic signal. Past crosses preceded large rallies.

• [Golden cross history]: Prior signals aligned with major upside in 2017 and 2020.

• [$110,000 matters]: Holding above the level keeps the cycle view intact.

• [Volatility spike noted]: A jump in VIX often marks short-term bottoms, risk remains.

Satoshi’s dormant stash tops $100B, what a move would mean

The coins have never moved. Any activity would hit price and sentiment.

• [Estimated 1.1M to 1.5M BTC]: Early mined coins sit untouched since 2009 to 2011.

• [Move risks panic]: Large transfers would likely trigger fast selling and volatility.

• [Comparison point]: Prior large estate sales, like Mt. Gox, caused short-term price shocks.

Data shows structure stress, Bitcoin lost 13 percent in eight hours

Friday’s flush exposed weak spots in leverage and liquidity. Derivatives still look cautious.

• [$5B in futures liquidations]: Portfolio margin models struggled as collateral fell.

• [Perps dislocated from spot]: Perpetuals traded about 5 percent below spot during the crash.

• [Market makers stayed light]: Thin liquidity and holiday timing slowed mean reversion.

CAN YOU PREDICT THE PRICE?

HOW DID WE DO? 🤷

🚀Stay sharp. The path to $150K won't be linear🚀

This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results