🔥Technical analysis for today

🟢 BTC, level 104,800 has been lost. Correction will continue to the level of 101,800. For now, this is just a correction within the growth, margin and long positions have been unloaded. Currently, there is no pressure from Whales, Miners, they are not selling. This indicates manipulation before the rise. Overall, Bitcoin has been up for 7 consecutive weeks (green weekly candles). If a correction and market unloading occurs, that is normal! I expect mid-term growth to continue and achieve new ATH, in terms of cyclical timing - there is still time!

🟡 outflow from exchanges exceeds inflow - correlation

📈 Altcoins have declined significantly against the backdrop of Bitcoin's correction, with a correction in altcoin market cap and an increase in Bitcoin dominance. Yes, it is unpleasant locally, but I see this as an opportunity for mid-term growth! Just like with Bitcoin, altcoins have every chance, both in terms of cyclical timing and other metrics, for growth.