According to Crypto Rover, Bitcoin is preparing for a significant move as current price action consolidates near critical support and resistance levels (source: @rovercrc, May 5, 2025). Traders are monitoring the $60,000 support and $65,000 resistance zones for potential breakout or breakdown scenarios. Volume indicators and candlestick patterns suggest increased volatility is expected, making it crucial for traders to set stop-loss orders and watch for confirmation before entering new positions.

According to Ai 姨, a major $LAYER investor possibly exited their position with a profit of $1.704 million, having bought 6 million $LAYER at an average price of $0.9559 three weeks ago. Despite Bitcoin's downward trend, $LAYER's price remains stable at $1.16, indicating potential resilience. Another address, 6NhBJ...Pvyk2, is still holding $LAYER with an unrealized gain.