Good morning ☀️

Daily review $BTC

❌Market liquidations over the past 24 hours, CoinGlass: ~46 K traders, totaling ~$183 million - ~20% long positions and ~80% short positions.#BTC☀

Liquidation of short positions continues, the market shows a good upward rebound over the weekend📈 However, we remember that serious confirmation is needed for a full rebound. The market rarely turns in a V-shape. 👀Therefore, I will remain the same, you need to wait for the formation of a pattern, for example, a “bearish pennant”, which will indicate a decline to 50K or a “double bottom”, which will indicate a reversal and growth back above $BTC 60K. ❗️Until then, whatever the rebound, there is a possibility of manipulation, and positions should be opened with extreme caution.#Bitcoin