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Daily BTC overview

❌Liquidations in the market over the past 24 hours, CoinGlass: ~ 68,780 traders, total liquidation amounted to $148.46 million. — ~58% long positions and ~42% short positions.

Over the past 24 hours, the situation with the asset has not changed, we are still trading above the support at $105,000, however, trading volumes have again begun to decline.

We saw a local increase with an attempt to break through the MA50 moving average, but the buyer's strength was not enough to realize this movement.

At the moment, the price is rapidly decreasing towards the aforementioned support and is likely to attempt to test it; if the buyer can hold the price, we will continue to trade above this level.