🟠Bitcoin has confidently recovered yesterday’s losses and is now approaching the psychologically important $110,000 mark, showcasing the strength of its bullish momentum. Amid this rally, the derivatives market is experiencing a wave of liquidations: within 24 hours, positions worth around $300 million were forcibly closed, most of them being short bets against BTC.
🟠Altcoins have also started to rebound, following the lead of the crypto market’s flagship. If the current trend continues, it could evolve into sustained growth. However, volatility remains high — caution is still warranted in the market.