The main catalyst behind this Bitcoin<\/a> crash is a cascade of liquidations<\/strong>. On-chain data shows a massive accumulation of leveraged long positions (bullish bets) in the $89,500 to $90,300 zone<\/strong>. This area has become a prime target for market makers. <\/a>By pushing the price just below this threshold, they trigger forced selling of these positions<\/strong>, which amplifies the decline and creates a domino effect. It’s a classic purge, but one of rare violence, designed to “clean” the market of excess leverage before a potential new move.<\/p>\n\n\n\n