According to @AltcoinGordon, $BULLISH is already back above $12M with dips being absorbed quickly, indicating strong buy-side demand; source: https://twitter.com/AltcoinGordon/status/1983030588643615068. The post also notes many participants are sidelined waiting to enter, pointing to latent buy liquidity that could support continuation on strength; source: https://twitter.com/AltcoinGordon/status/1983030588643615068. The author highlights a near-term $20M level for $BULLISH that traders may monitor as a momentum threshold; source: https://twitter.com/AltcoinGordon/status/1983030588643615068.

According to Material Indicators, FireCharts data shows that BTC Asks are deliberately stepping down without filling, indicating an attempt to suppress Bitcoin's price. Concurrently, a TWAP bot executed an aggressive $12M purchase of Bitcoin within 90 minutes, as observed in the smallest order class (orange). This suggests strategic market behavior affecting short-term trading dynamics.