Daily BTC Overview

❌Liquidations in the market over the last 24 hours, CoinGlass: ~73,177 traders, total liquidation amount reached $266.16 million. — ~61% long positions and ~39% short positions.

The market has come off the weekend and BTC has risen slightly, but the global structure has not changed at all. Currently, a retest of the area 110 000$ and an attempt to break out to a new high looks logical. The news background has stabilized, and the conflict between Israel and Iran is subsiding.

One can cautiously try a long position on BTC, but it is better not to touch altcoins, as dominance is at high levels and we won’t see any strong movement.