$BTC BTC Daily Market Analysis
The liquidation data for the past 24 hours:
According to CoinGlass statistics, a total of 64,096 traders were liquidated, with a total liquidation amount reaching $126.52 million (of which long positions accounted for 36% and short positions for 64%).
Market Analysis:
Weekend liquidity is low, and the trend has inevitably stagnated. The price has now dropped to the lower edge of the oscillation range, and it is expected to oscillate in this area repeatedly before tomorrow. Buy orders are noticeably weak, and there is fundamentally no capital willing to enter the market to catch the bottom.
My Opinion:
The overall direction remains unchanged. As the new work week begins, I expect it to break below the current range's lower edge and then directly plunge violently to around $63,000. Everyone, have a good rest on Sunday and get ready for tomorrow's volatile market!
