Good morning☀️

#Bitcoin is continuing its horizontal movement around $118,000.

Although there have been minor pullbacks regarding $ETH and altcoins, the main upward trend is still ongoing.

On the $BTC side, the data generally continues to remain positive;

🔹Whale activity is positive (+17)

🔹Long ratios are low

🔹Funding rates are at normal levels

🔹ETF purchases are ongoing

🔹Short liquidations have been reduced

Technical data still looks extremely positive. Although there are occasional minor pullbacks due to increasing long pressure, the trend structure and technical data remain extremely positive.

For altcoins, it will be sufficient for Ethereum to continue staying above $3k.

I will provide instant updates when there is significant data that would turn the trend structure negative, friends.

I wish everyone a great week and abundant profits.