The post STRK Holds Breakout Zone As Buyers React To $3M Spot Inflows appeared com. Starknet trades near $0. 216 as the breakout from the nine-month $0. 12-$0. 19 range faces its first major retest. Coinglass data shows $3. 06M in inflows, the strongest accumulation spike in months, signaling renewed demand after the breakout. $0. 20 remains the critical support, with a break above $0. 235-$0. 245 needed to confirm continuation toward $0. 27 and $0. 30. Starknet price today trades near $0. 216 after a clean breakout above the multi-month consolidation range that held the market between $0. 12 and $0. 19 for almost nine months. The move places immediate pressure on buyers to maintain control as the token pulls back toward the top of the broken range while spot flows show one of the strongest positive prints of the quarter. 19 resistance that capped every rally from March through October. The candle structure turned positive once price reclaimed the 20 and 50 EMAs at $0. 163 and $0. 144, followed by a push above the 100 and 200 EMAs near $0. 139 and $0. 164. The first rejection near $0. 24 triggered a controlled pullback. Price is now retesting the breakout level at $0. 20 to $0. 195. This zone acted as the upper boundary of the consolidation range and now represents the immediate support buyers must defend. Supertrend has flipped bullish at $0. 117, confirming momentum remains with buyers as long as the market stays above the previous demand band. Starknet spent nearly nine months trading inside a narrow horizontal channel. Breaking out of that structure often leads to extended directional movement if the retest holds. Starknet recorded a positive $3. 06 million net inflow on November 19,.
Tag: coinglass
Latest BTC price drop cleans out six months of long liquidity
The post Latest BTC price drop cleans out six months of long liquidity appeared com. The recent dip of BTC to the $88,000 range wiped out long-term accumulated liquidity. Since the October 11 liquidation, the market has continued to cause deleveraging of long positions. BTC caused liquidations of long positions, some of them accumulated over the past six months. The liquidation heatmap suggested the recent BTC move wiped out most of the available liquidity down to the $90,000 level. Coinglass data shows the recent slide directly attacked the price levels with the most significant accumulation of long positions. For now, BTC has not attempted a short squeeze to return to a higher range. BTC has entered a historically strong quarter, but a year-end rally is not guaranteed. After outperforming in Q3, BTC is now setting expectations for a lower range toward the end of the year. Open interest for BTC still hovers around $32B, with no meaningful rebuilding since October’s liquidation. The current ongoing liquidations are raising the issue of whether the market was set for a recovery or for a deeper bear market. After the latest dip, the crypto Fear and Greed Index slid to 11 points, down from a recent local low of 17 points. The metric gauges the attitude of derivative traders, who are now more reluctant to hold aggressive long positions. BTC liquidations continue to drive price action This time around, BTC had over $576M in long liquidations for the past 24 hours. The liquidation level itself was relatively normal, but the move to liquidate older positions suggested traders were ready to attack more available liquidity. As Cryptopolitan reported, the latest dip wiped out the gains since the fall of 2024, leaving BTC with a net annual loss. In the past two months, BTC volatility also remained high, creating the perfect conditions for aggressive liquidations. Based on available activity and signs.