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Daily BTC Overview

❌Liquidations in the market over the last 24 hours, CoinGlass: ~161,239 traders, total liquidation amount was $679.94 million. — ~68% long positions and ~32% short positions.

Yesterday, the asset broke through resistance at $105,000, but there was no consolidation there, and we have returned to the range of the sideways movement at 103.000$ - $105,000.

Although we have formed a triple top, we are observing an increase in trading volumes and attempts by buyers to go long; the situation still looks ambiguous.

Currently, we are trading at support at 103.000$ , and it seems logical to break it with subsequent correction, but since it has not occurred yet, it is better to refrain from trading and see how this will end.