Good morning ☀

BTC Daily Review

❌Market liquidations in the last 24 hours, CoinGlass: ~ 75,645 traders were liquidated in the last 24 hours, totaling $227.77 million in consolidation liquidations. ~51% of long positions and ~49% of short positions.

There are local attempts to grow in the asset, after testing support in the area of $76,000, this is exactly the scenario I voiced to you yesterday.

It is difficult to draw further conclusions yet, since our trading volumes are low and we can easily go further into shorts, but the likelihood of a retest of the upper limit has increased after this small buyback.

For now, I’m waiting for trading in this area, and then we’ll look at further dynamics and draw conclusions about the potential movement.