According to @MI_Algos, FireCharts data shows that Bitcoin (BTC) ask liquidity is being replenished at the $120,000 level, indicating increased sell-side interest. Additionally, large holders are selling into bid ladders, which could suggest further downside pressure. If the $116,750 support level fails to hold, the $110,000 range may become the next key target for traders. This liquidity dynamic is critical for short-term BTC trading strategies and risk management. Source: @MI_Algos.