According to the source, Bitcoin (BTC) fell below $109,000 while order book data showed spot buyers stepping in near that level, indicating dip absorption. According to the source, despite that bid support, a further downside probe toward $107,000 remains a risk zone to monitor. Based on the source, traders can frame $109,000 as a near-term pivot and $107,000 as a potential liquidity target, focusing on spot-led bid depth and buy-wall persistence for execution timing.