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It's interesting that Bitcoin is currently trading around $77,970, and it has only increased by 0.54% in the last 24 hours. It seems like a small rise, but the market is clearly volatile. I saw that the lowest point in the day was $77,470, so the volatility is noticeable.
What caught my attention are the liquidation volumes. According to analytics, there have been significant position liquidations in the last hour. Most of this affected long positions; shorts also suffered, but to a lesser extent. When you see movements like this, it becomes clear that the market is testing support levels.
So, if you're watching Bitcoin in the coming hours, you should consider this volatility. The levels that were broken could become key for future movement.