🔥Technical analysis for today

🟢 BTC has lost the local support zone. A breakdown occurred below. BUT the most important thing is not to lose the support level below 101,700. A sufficient amount of Bitcoin has been withdrawn from exchanges during this correction. Large wallets are accumulating, miners are not selling.

Overall, the situation looks like manipulation, shaking out weak hands. There is still time until the Bitcoin peak. Currently, liquidity is being accumulated with a subsequent move upwards.

🟢 Outflows from exchanges exceed inflows by 12%, which amounts to 3,700 BTC.

📈 Altcoins, just like Bitcoin, still have time until the altseason (not for all altcoins, for some it has already happened!!) but it should start soon. I believe that liquidity accumulation is also happening now with a subsequent move upwards. I am using this correction to build positions.