According to Cas Abbé on Twitter, Bitcoin's Fibonacci support level has held strongly, confirming a successful retest of the $98,000 to $100,000 range. The recent $1 billion liquidation event signals significant capitulation among leveraged traders, a pattern often preceding major price rallies. This development increases the probability of Bitcoin reaching a new all-time high in the coming weeks, making it a critical watch for crypto traders seeking trading opportunities and breakout confirmation (source: @cas_abbe, Twitter, June 6, 2025).