Good morning ☀

Daily overview of BTC

❌Liquidations in the market over the last 24 hours, CoinGlass: ~ 70,263 traders, the total amount of liquidations was $137.57 million. — ~61% long positions and ~39% short positions.

The asset has significantly decreased in volatility over the weekend and nothing interesting is happening with it, we are hovering above support at 103.000$ without any changes.

Tomorrow marks the beginning of the work week and accordingly traders will become active, and we may expect a resolution; I am more inclined towards a breakdown to the short side rather than the long side, but let's see what comes of it.

Dominance has shown a slight decrease and is now at 63.46%, which is still an extremely high figure; I think there are chances for a slight decrease in the upcoming week.