According to Michaël van de Poppe (@CryptoMichNL), Bitcoin failed to reclaim the $106,000 resistance, leading to a rapid cascade of liquidations across the crypto market (source: Twitter, May 30, 2025). This sharp dip is identified as a strategic entry point for traders looking to position themselves in both Bitcoin and Ethereum, suggesting potential for recovery as sell-offs subside. Monitoring support levels and liquidation volumes is critical for short-term trading opportunities in BTC and ETH.