Good morning ☀

Daily overview of BTC

❌Liquidations in the market over the last 24 hours, CoinGlass: ~ 78,970 traders, total liquidation amount was 147.40 million USD.. — ~65% long positions and ~35% short positions.

The asset continues to trade in the range of 92.000$ - 95.000$ and has started to decline in volatility, likely indicating another consolidation in this area.

Currently, there is little activity for continued growth, and given the weak dynamics, the likelihood of continued correction has significantly increased.

I allow for a scenario with a decline to support at $90,000, although I previously anticipated a breakout above the aforementioned range into long positions, we will observe and see what comes of it.