Good morning☀️

#Bitcoin started a small reaction rise after clearing $112k liquidations and began the new week positively.

I had already mentioned that the liquidations at the $112k level are intense and that we could see a reaction from this level, friends.

While $BTC is in an upward trend, long liquidations are really working nicely. For this reason, tracking liquidations is extremely important.

Although the reaction received is nice, with the clearing of the $112k liquidations, the price has dipped below the upward trend.

Therefore, the danger is not yet over. This reaction rise could retest the trend and bring about a second correction.

For this risk to be eliminated, the price needs to make a voluminous close above $115k to rise back above the trend. After such a close, the market will become safer.

Let's closely follow this structure, friends. Also, at 1 AM, the moment the US futures indices began trading, BTC started to move in the same way as the US stock markets.

Due to the high correlation, we need to closely monitor the US stock markets during this process.

I will be providing updates frequently this week, friends. I wish everyone a great week and plenty of profits.