According to @CrypNuevo, Bitcoin (BTC) experienced a notable drop from $120,000 to $114,000, filling both a long wick and a CME gap. The author noted that some short orders at $121,000 were left unfilled due to insufficient momentum to reach that liquidity zone. Current price action is mirroring the structural pattern observed in late January, which may signal similar trading opportunities for BTC traders. This analysis highlights the importance of monitoring CME gaps and repeating price structures when planning short-term trading strategies for Bitcoin (source: @CrypNuevo).

According to @cryptoquant_com, Bitcoin continues to trade cautiously around the high timeframe (HTF) pivot point of $95,000 on both Binance and Coinbase spot markets. Current order book data shows a clear skew towards ask liquidity and increased sell flow, indicating heightened selling pressure. Meanwhile, passive bids are moving higher, now clustering at $83,000, $85,000, and $90,000, which suggests growing buyer interest at these levels. Traders should monitor these liquidity zones closely, as a break above or below these key levels could signal the next significant move for BTC price action (source: @cryptoquant_com on Twitter).