Good Morning Fam ☕️☀️

In the morning, the buy zones on the #Binance  futures order book on the #Bitcoin side have been updated to 107,400$-106,500$. They may want to hold the price in this range to go back to the ATH level, this range is the potential reaction zone, until new high-balance orders are opened.

In addition, the 20 day moving average passes around 106,588$. This region is important due to the moving average. The price should not lose this place on a daily basis.

If the price starts to hold in the range I mentioned above, it would be good if we see a negative transition phase in @binance funding. A little more decline is needed in funding.

In the #Bitcoin #Binance  futures order book, seller orders continue to stand in the range of 109,300-110,300. Apart from this, there is currently no obstacle in the order book.

In the rising movement that came in the morning, there was a movement towards short positions, but they did not give up, almost all of them were reopened. If the upward movement continues, those positions will be deleted again.

It would be better if we see a slight decline in funding while the price is in the range of 105-106K, or even a negative funding if possible.

There is a double bottom image in the 4-hour chart. If the #ETF side is buying after the stock exchanges open, they can take us to 109K with this double bottom possibility while the ready #US futures are positive.

#Crypto #Ethereum #BNB #SOL #Altcoins