According to Skew Δ (@52kskew) on Twitter, Bitcoin ($BTC) experienced strong spot taker bids on Binance Spot, pushing the price above $97.5K and triggering a brief short squeeze with associated liquidations. The increase in ask liquidity quoted above the current price indicates that sellers are asserting a stance, often signaling potential resistance and possible retracement zones for traders. This real-time order book activity is a key factor for intraday and swing traders monitoring for reversals or continuation patterns, especially as high spot buying pressure meets concentrated sell orders (Source: Skew Δ on Twitter, May 2, 2025).

According to @cas_abbe, KAVA has returned to its yearly support level, offering a potential trading opportunity as it remains a decentralized and highly scalable blockchain. It's currently listed on Binance spot, supporting over 125 dApps and holding more than $600 million in on-chain value.