More than $1.7 billion in leveraged positions were liquidated in 24 hours as bitcoin fell to $81,000, with long bets accounting for nearly all the damage amid macro jitters and Fed chair speculation.

Traders are watching $1.80 as near-term support, with $1.87–$1.90 now the key resistance zone.

The token broke below key support at $0.1218 on heavy volume, turning that level into near-term resistance even after a brief bounce from around $0.115.