๐จ Daily Bitcoin Assessment
โ According to CoinGlass data
Approximately 119,972 traders were liquidated in the past 24 hours,
Total liquidations reached 314.20 million dollars.
โซ๏ธ About 83% of the trades were Long
โซ๏ธ And only 17% were Short
As we enter the weekend,
we are witnessing a decrease in trading activity,
and buyer activity has noticeably declined,
which weakens the positive momentum in the market.
If this calm continues at the start of the new week,
a break below 103,000$
may open the door for further declines.
๐ Bitcoin dominance has risen to 63.4%
which is a negative signal for altcoins
and reflects a general weakness in market performance outside
#BTC.