🚨Daily Bitcoin Assessment #BTC
❌ According to CoinGlass data, approximately 86,283 traders were liquidated in the past 24 hours, with the total value of liquidations around 203.32 million USD. The liquidation ratio was divided between 54% long positions and 46% short positions.
📉 The market is still affected by the news: Trump announced a delay in raising tariffs on European products, which contributed to the rise in cryptocurrency prices.
🔍 However, from my point of view, what we are witnessing is just a temporary local rise, and I don't think we will head towards new peaks from these levels. We are still in a clear corrective movement unless a four-hour candle is broken and closed above 110,000.
📈 As for altcoins, they have also seen some minor increases, but the market remains in a state of uncertainty. So, if you are trading futures contracts, proceed with caution.