📱Daily BTC Review
🔴Liquidations in the market over the last 24 hours, CoinGlass: ~36 K traders, totaling ~$108 million - ~50% long positions and ~30% short positions.
The upper boundary of the channel has been broken, but the resistance zone has not. Now the price has gone to retest the broken channel boundary. But I'm already starting to be confused by its ambiguous structure, so I'm not counting on it yet.
🟣In any case, we see a squeeze to the resistance zone. There is no obvious activity of the seller, so I expect the price to break through and consolidate above 61K, sooner or later.
I admit local downward movements within the squeeze, but the main scenario is upward. I want to see the growth to the area of 67K, where the downtrend line passes and then look at the situation.