Bitcoin Liquidation Confirmed: Key Levels to Watch After Short-Term Pullback

Bitcoin has recently seen a short-term pullback, with some long positions liquidated and market sentiment turning cautious. Based on current technical indicators and liquidity distribution, this article maps key levels and short-term outlooks for major crypto assets.

Bitcoin: Short-Term Cooling, Watch Key Support and Resistance

On the weekly timeframe, the supertrend indicator is still red but close to flipping green, and the long-term bullish divergence signal remains valid. Historically, this signal appeared in late 2022, followed by a multi-year uptrend in Bitcoin.

On the 3-day timeframe, Bitcoin is oscillating between the $73,000–$75,000 support zone and the $80,000–$82,000 resistance zone. Short-term support is near $76,200–$77,000. The recent pullback from overbought territory is an expected cooling.

The daily RSI was extremely overbought and is now repairing. On the 4-hour timeframe, there is still a short-term bearish divergence, suggesting the price may continue to consolidate or pull back slightly, but it is not a signal of a major decline.

In terms of liquidity, long liquidations near $77,000 have been completed, and the main liquidity is now concentrated in the $79,300–$79,600 zone. If the price rebounds to that area, it could trigger short liquidations.

Ethereum: Retesting Support, Awaiting RSI Repair

Ethereum is testing the previous resistance-turned-support zone of $2,300–$2,400 on the 3-day timeframe. The daily RSI is also overbought, and the short term may continue to consolidate or pull back slightly to repair the indicator. Upside resistance is at $2,750–$2,800.

XRP: Testing Key Support, Short-Term Weakness May Persist

XRP is testing the $1.30–$1.40 support on the weekly timeframe. If it breaks below $1.30, the next support is at $1.15. The daily RSI has retreated from overbought, and the short term may still pull back further, but stabilization is expected after the indicator repairs.

Solana: Short-Term Resistance, Medium-Term Structure Still Bullish

Solana encountered resistance near $105 on the 3-day timeframe, with RSI overbought, so a short-term pullback is possible. Downside support is at $95–$99. The medium-term bullish divergence signal remains valid, and the price structure still maintains higher highs.

Chainlink: Short-Term Pressure, Watch Support Near $11

Chainlink also shows bullish divergence on the 3-day timeframe, but it is facing resistance near $12 in the short term, with RSI overbought. Continued consolidation or a slight pullback is expected, with support at $10.80–$10.90 and further support at $9.50–$10.00.

Summary

Major crypto assets are in a cooling phase after short-term overbought conditions. Prices may continue to consolidate or pull back slightly, but the medium-term bullish structure has not been broken. Investors should watch key support and resistance levels for each asset and make decisions based on their own risk tolerance.