Good morning homies!

#Crypto Market looks scary but it looks like more chop to me. 

🚨Market Update:

💨 Heatmaps for liquidity is showing that we smashed the bottom side this morning creating that dip. But the liquidity is all on the upside around $96K for #Bitcoin. So we should see a recovery bounce off that  $92K #BTC to then grab the top liquidity. 

💨 Funding rates are becoming more negative showing the bears are almost out of steam and $BTC dominance should return soon. The Long vs Short positions are also showing this as the longs are slowly beginning to outweigh the Short orders. 

We are overall looking very healthy still and could STILL see a large drop down that looks really bad. But it will be a test. 

Don’t fail the test 🫡
Happy #TGIF fam. 💚

*Not financial advice and DYOR
#Crypto #Bitcoin #BTC #BTC #TGIF