#TradingTypes101 $BTC 🚨 Daily Summary of Bitcoin
❌ In the past 24 hours, the market has seen the liquidation of about 72,508 traders, with a total liquidation value of 163.80 million US dollars (according to CoinGlass data).
About 39% of positions were Long buys, while 61% were Short sells.
✅ After the recent drop, Bitcoin has risen slightly and has compensated for the recent decline, successfully returning above the 105,000 dollar level.
Stability above this level is an important signal for the continuation of the upward momentum.
📉 Due to the weekend holiday and lower volatility, the price is expected to move sideways above the 105,000 dollar support in the coming days.
If buyers can maintain this level, we may see a real opportunity to record a new peak and continue the upward trend.