Good morning ☀

Daily overview $BTC

❌Liquidations in the market over the last 24 hours, CoinGlass: ~ 127,386 traders, total liquidation amount in the trading network was $450.39 million. — ~82% long positions and ~18% short positions.

As I suspected, we continue to gradually decrease and are pressing towards the support level at $112,000.

I think we will not see a breakout of this level; either we will spike above it and immediately start to reverse, or we will have a small consolidation above it.

The situation with altcoins is still not pleasant; they are also gradually decreasing, and dominance is still holding just below 60%.