🚨 Daily Bitcoin Assessment

❌ According to CoinGlass data

Approximately 119,972 traders were liquidated in the past 24 hours,

Total liquidations reached 314.20 million dollars.

▫️ About 83% of the trades were Long

▫️ And only 17% were Short

As we enter the weekend,

we are witnessing a decrease in trading activity,

and buyer activity has noticeably declined,

which weakens the positive momentum in the market.

If this calm continues at the start of the new week,

a break below 103,000$

may open the door for further declines.

📈 Bitcoin dominance has risen to 63.4%

which is a negative signal for altcoins

and reflects a general weakness in market performance outside #BTC.