According to @JamesWynnReal, traders should monitor Bitcoin's (BTC) price action closely, as a short-term dip toward the 103641 level could trigger significant liquidations. The source emphasizes maintaining a bullish outlook until mid-June, aligning trading strategies to capitalize on potential upward momentum before adopting a bearish stance post mid-June. This targeted approach may impact leveraged traders and influence short-term volatility in the crypto market (source: @JamesWynnReal on Twitter).

According to Crypto Rover, if Bitcoin's price reaches $115,000, approximately $12 billion worth of Bitcoin short positions are at risk of liquidation (Source: Crypto Rover on Twitter, June 1, 2025). This significant liquidation level could result in a rapid upward price movement due to a short squeeze, amplifying volatility and attracting momentum traders. The potential for such a large-scale liquidation event underscores the importance of monitoring open interest and liquidation clusters for active traders. Market participants should closely watch resistance levels and order book depth near the $115,000 mark, as a break above this threshold could fuel further bullish sentiment across both Bitcoin and the broader cryptocurrency market.