According to @MilkRoadDaily, Bitcoin absorbed roughly $9B in selling without a notable price reaction, a magnitude that previously would have crashed the broader crypto market. Source: @MilkRoadDaily on X. The post characterizes this as a change in market liquidity and trading dynamics, suggesting a new regime where depth and resilience are higher. Source: @MilkRoadDaily on X. It also spotlights a discussion with Adam Stokes covering 2025 price targets for BTC, ETH, and SOL, with time-stamped segments for key topics. Source: @MilkRoadDaily on X.

According to QCPgroup, options flow data indicates that traders are positioning tactically bullish on BTC, focusing on 29AUG25 call flys at the 118k, 124k, and 126k strike prices, with the maximum payoff at 124k. The current put skew remains elevated, suggesting ongoing caution, but has not reached panic levels. A move in BTC price back above 115k could help normalize the skew, potentially impacting near-term volatility and directional bias. Source: QCPgroup.