According to @CrypNuevo, BTC’s chart shows a ‘yellow box’ support zone that is likely to hold, with some liquidations sitting there but a larger concentration to the upside around $116.5k–$117k, indicating potential fuel if price pushes higher; source: @CrypNuevo on X, Sep 26, 2025. @CrypNuevo adds that delta liquidations are at medium risk for a short squeeze, implying shorts could be forced to cover on an impulsive move into the $116.5k–$117k band; source: @CrypNuevo on X, Sep 26, 2025. This frames a trading setup focused on support retention at the ‘yellow box’ and a momentum drive toward the upside liquidation cluster for squeeze confirmation; source: @CrypNuevo on X, Sep 26, 2025.

According to Crypto Rover, a notable whale has initiated a $119.7 million short position on Bitcoin with 40X leverage, signaling heightened bearish sentiment and increased market volatility (source: Crypto Rover on Twitter, May 4, 2025). Such a high-leverage, large-volume trade can lead to rapid price swings and potential liquidations, prompting traders to closely monitor support levels and liquidity zones. This move has triggered significant interest among derivatives traders and could influence short-term Bitcoin price action, especially on major exchanges where open interest and liquidation levels are now under scrutiny.