💸 Daily BTC review 💸


🔖 Liquidations (24h):
According to CoinGlass, 105,555 traders were liquidated over the past 24 hours for $284.22 million. The market maker wiped out both sides, but bears took a harder hit: 57% shorts against 43% longs. This proves that rushing in zones of uncertainty destroys deposits.
👨‍💻 Market analysis:
Bitcoin tested the upper boundary of the ascending channel but lacked the strength for a full breakout. However, we also haven't seen aggressive pressure from a major seller. Complete uncertainty hangs over the chart. The forces are roughly equal, and the asset has frozen whilst waiting for a serious impulse.
⚠️ My expectations:
We are in a border zone with 50/50 chances. The chart could either drop into a logical short correction to the lower channel boundary or make another manipulative attempt to squeeze towards $80,000. It is time to sit on the fence. We are simply observing, waiting for a clear market reaction, and protecting our capital. We only trade clear setups!
BTC-1,03%
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