Bitcoin Shakes Out Longs as Price Resets Below $95k

Bitcoin experienced a sharp downside move over the weekend, with prices selling off aggressively during Sunday trading and triggering a wave of long liquidations across derivatives markets.

After spending most of the week consolidating above the $95,000 area, BTC briefly lost that level and dipped toward the low $93k levels. Therefore, catching overleveraged traders off guard at a time when the market sentiment had leaned heavily bullish.

The sudden move has shifted short-term momentum, forcing traders to reassess both the technical structure and the broader macro narrative driving this pullback.

Liquidations Drive the Weekend Sell-Off

Over the past 24 hours, liquidation data shows more than $580 million in total crypto liquidations, with Bitcoin accounting for roughly $234 million, the majority of which came from long positions.

Moreover, this might suggest the sell-off was largely driven by positioning rather than a breakdown in fundamentals. At the same time, macro uncertainty resurfaced following renewed concerns around potential U.S. tariff escalations, which pressured risk assets broadly.

Essentially, equity indices weakened, the dollar firmed, and crypto followed suit as traders reduced exposure ahead of the new week. However, there was no major on-chain capitulation following the move.

Exchange netflows remain broadly negative over the medium term, indicating that long-term holders are still not rushing to sell into this weakness. Instead, the data points to a classic leverage flush, where aggressive positioning amplified what could have been a controlled pullback.

From the fundamental standpoint, the broader Bitcoin outlook remains intact. Indeed, institutional exposure continues to expand while supply dynamics remain tight.

Bitcoin Tests Support as $95K Flips Back Into Resistance

After rejecting near the $97,500 resistance band, BTC rolled over and lost the $95,000 support. Additionally, this level acted as a key pivot zone during prior sessions.

The breakdown accelerated once price slipped below the short-term range, triggering stops and liquidations that pushed BTC back to the $92,000 levels.

Moreover, a clean loss of this zone would open the door back to the $90,000 region, where a stronger structural support sits. However, if Bitcoin’s able to reclaim the $95k level it might neutralize the immediate bearish pressure.

Above that, the next resistance sits around $97,500. Followed by the psychologically critical $100,000 level, which remains the main upside target if bullish momentum returns.

For now, price action suggests Bitcoin is transitioning into a consolidation phase while traders and analysts wait for an immediate upside expansion. Overall, this move looks less like a trend reversal and more like a necessary reset.