WS #15577
Bitcoin has found a floor near $81,000 following a significant $1.17 billion leverage flush, with polymarket data showing active trading around the $84,000 level. The market is currently in a consolidation phase, with traders betting on whether the asset can reclaim higher levels or dip further. The stabilization suggests that the initial panic selling has subsided, leaving room for a potential rebound if macro conditions remain supportive.
Crypto Leverage Flush
Bitcoin has found a floor near $81,000 following a significant $1.17 billion leverage flush, with polymarket data showing active trading around the $84,000 level. The market is currently in a consolidation phase, with traders betting on whether the asset can reclaim higher levels or dip further. The stabilization suggests that the initial panic selling has subsided, leaving room for a potential rebound if macro conditions remain supportive.