$BTC saw ~$19B liquidated in 24H. The “10/10” timing makes headlines — but markets move on leverage and liquidity, not numerology. Before the drop: high Open Interest, one-sided funding, compressed volatility. That’s a fragile setup → one trigger = cascade. The 10% rebound? Classic post-deleveraging bounce. Now it’s simple: Spot demand + healthy OI rebuild = strength. If not, volatility stays. Structure > narrative.
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🚨 Bitcoin 10/10 Crash — Pattern or Positioning?
$BTC saw ~$19B liquidated in 24H. The “10/10” timing makes headlines — but markets move on leverage and liquidity, not numerology.
Before the drop: high Open Interest, one-sided funding, compressed volatility.
That’s a fragile setup → one trigger = cascade.
The 10% rebound? Classic post-deleveraging bounce.
Now it’s simple:
Spot demand + healthy OI rebuild = strength.
If not, volatility stays.
Structure > narrative.