Bitcoin Bulls Get Rekt: $102M Liquidation Tsunami Flips Sentiment Overnight

Crypto's favorite rollercoaster just took another plunge—Bitcoin's bullish party got a $102 million cold shower as leveraged positions got liquidated en masse.

The reckoning:

Market euphoria met its match when BTC's sudden reversal turned greedy longs into exit liquidity. Trading desks saw cascading stop-loss triggers as the king coin wobbled—proving once again that crypto markets eat overleveraged traders for breakfast.

Silver lining?

This flushout sets the stage for healthier price discovery (and gives Wall Street 'experts' fresh material for their 'I told you so' tweets). The real question: will institutions use this dip to accumulate—or is this the start of a deeper correction? Either way, hodlers know the drill: volatility isn't a bug, it's a feature.

Funny how a 10% swing feels mundane in crypto while traditional markets would declare it a 'black swan event' and halt trading. Progress, right?