<ul><li>Bitcoin experienced a sharp pullback on May 30, leading to $202 million in long liquidations on Binance.</li><li>This marks the third-largest liquidation event in May, following larger liquidations on May 23 and May 12.</li><li>The liquidations were triggered by BTC's dip from around $111,000 to $104,600, potentially setting the stage for a more sustainable uptrend.</li><li>Analysts believe the liquidations could remove overleveraged positions, providing an opportunity for bulls to regain control and signal a potential breakout to $140,000–$160,000.</li></ul>

Bitcoin Liquidation Hits $202M as Analysts Eye Next Breakout

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