Good morning ☀️
Daily review #BTC☀
❌Market liquidations over the past 24 hours, CoinGlass: ~43 K traders, totaling ~$162 million - ~40% long positions and ~60% short positions.$BTC
The launch of trading #ETF -Ethereum will take place on July 23. ETFs from 21Shares, Fidelity, Franklin Templeton, Invesco and VanEck have received final regulatory approval.
📈BTC rose to 67.5K on this news, testing the resistance level. If the launch goes well, we can see continued growth against this background within the framework of my scenario - to 70-72K, already next week.
❗️But it is worth understanding that market movements will be affected not by short-term inflows of funds, but by medium-term and long-term ones. Therefore, we may not see immediate growth. But the scenario with a rebound from $BTC 72K downwards is still acceptable. We'll look at the situation.