LIT recorded $2.3882K in long liquidations around $3.41175, highlighting a fresh liquidation event among leveraged bullish positions. The $3.40–$3.42 region is an important reference zone for the next price reaction. Immediate support can be monitored around $3.35–$3.40, while resistance stands near $3.48–$3.55. If buyers successfully reclaim $3.55, the next potential upside target could be $3.65. However, continued weakness below $3.35 may create additional downside pressure. Watch trading volume and market structure for confirmation before expecting a breakout.
#Bitcoin midterm election pattern
