💸Daily analysis of BTC

❌ Liquidations in the market in the last 24 hours, CoinGlass:

~188 thousand traders liquidated, with a total of approximately ~$495 million.

— ~75% in long positions and ~25% in short positions.

Bitcoin fell slightly below $96,000, but is now showing signs of recovery. However, there is no significant increase in volume, which indicates that if the price does not break above $100,000 again, we could face a complete correction 📉.

The scenario of a correction, personally, remains valid for me. However, in the long term, it is crucial to understand that the market is in a bullish phase. Flows into BTC spot ETFs are increasing, and this is happening without large capital outflows.

Last week, only BlackRock bought BTC worth approximately $2 billion 💪🏻.

For now, we should not expect a significant correction without clear confirmations. Current signals only point to a short-term correction towards the $93,000 area, possibly within the context of a bullish flag.