Good morning☀️

$BTC continues its horizontal movement around 105K.

Due to the horizontal movement, a lot of liquidation has accumulated. Currently, the most noticeable heavy liquidation appears to be around $111k.

Due to the recent negative news, there are more short liquidations. On the lower side, there are intense long liquidations in the $100-95k range.

In order for movement to begin and volatility to increase, a liquidation cleanup has become essential; otherwise, the price will continue to move horizontally in the $100-110k range.

Due to global uncertainties, I think there might be an attempt to reach around $111k to attract investors who are watching and to collect the accumulated liquidity.

Wishing everyone a beautiful day and abundant profits.