📱Daily BTC Overview
🔴Liquidations in the last 24 hours, according to CoinGlass: approximately 69K traders, totaling around $230 million — about 65% long positions and 35% short positions.
The upward bounce was not very successful. Now, on higher timeframes, there's a squeeze upwards to 70K. Even though Powell stated that macroeconomic data is looking good and there's likely to be one rate cut this year, the market reacted in a neutral to negative manner.
🟣I continue to stick to my plan. As long as the support zone at 67K holds, the upward bias remains intact.
Therefore, I still expect a bounce from 67K and a test of 72K. At that point, it will be clearer where BTC will move next: whether it will attempt a breakout or remain within the range.