$BTC BTC generally experiences a minor wave of price action from Sunday evening to Monday morning entering the liquidation zone at 107.7k.

When the price moves upwards triggering short liquidations, the target price is around 108k after which a minor pullback to 103k may occur.

Given that the liquidation zone at 107.7k is too prominent be cautious of the situation where it might not clear meaning the price first pulls back and then proceeds to liquidation.

For short positions consider the daily resistance around 107k which allows for both offensive and defensive strategies entering with a light position while leaving room for additional purchases.