According to Crypto Rover, most of the Bitcoin liquidity is currently concentrated at the topside, which may indicate a resistance level forming that traders should monitor closely.

According to @Andre_Dragosch, over 17,000 BTC were withdrawn from centralized exchanges on Wednesday, indicating a potential shift in trader sentiment towards holding Bitcoin in private wallets. This significant movement could suggest a decrease in selling pressure on exchanges and may impact Bitcoin's liquidity and price stability. Source: @godbole17.