Local BTC overview 🔥
📈 Current situation:
Bitcoin continues to be confidently bought back from the 80K level, confirming high buyer interest. After the correction, the price stabilized and is now moving towards 88K-90K, where a large number of short sellers' stop-losses are concentrated.
💡 What does this mean?
This level could become a liquidity zone where market makers push the price before the next impulsive movement. If the momentum continues, we may see this scenario by the end of the week.
➡️ The liquidation map shows a concentration of liquidity around 90K, confirming the likelihood of growth in the coming days.
😈 What about BTC dominance?
🔺 Bitcoin dominance is rising, indicating an inflow of liquidity specifically into BTC, not altcoins.
📌 What to pay attention to?
✔️ If BTC dominance rises above 70%, it could become a turning point and signal a potential spillover of liquidity into altcoins.
✔️ If BTC continues to rise and dominance consolidates above 70%, the market may enter a phase of Bitcoin dominance, leaving altcoins aside.
💡 Conclusion:
Bitcoin looks confident, and 88K-90K remain key targets. However, it is important to monitor dominance — a decrease below 70% may signal the beginning of alt season!
We are monitoring the market and staying in the game! 🔥
Subscribe to the channel and like! ✅
#CryptoAdoption #CMEsolanaFutures #BTCRebundsBack #MemesNotSecurity #SHELLAirdropOnBinance