According to Skew Δ (@52kskew) on Twitter, BTC is currently trading toward significant aggregate spot bid liquidity in the $104,000 to $100,000 range. This indicates strong buyer demand at these levels, suggesting that traders should monitor this zone closely for potential support and reversal signals. The presence of concentrated spot demand may lead to heightened volatility and increased trading opportunities around these price points. Source: Skew Δ Twitter, June 17, 2025.

According to Mihir (@RhythmicAnalyst) on Twitter, the $106,000 price range has been highlighted as a key support zone for Bitcoin. This level is critical for traders to monitor, as maintaining support above this zone could indicate continued bullish momentum and offer buying opportunities on dips. Conversely, a breakdown below $106K may trigger significant selling pressure and impact overall crypto market sentiment. Traders are advised to closely watch price action around this level for informed decision-making (Source: Mihir, Twitter, May 27, 2025).

According to glassnode, over 420,000 BTC now have a cost basis near the $94,000 level, establishing one of the strongest support zones in the current Bitcoin cycle. This accumulation zone proved resilient during early May consolidation and served as a launchpad for Bitcoin’s breakout to new all-time highs. Traders should monitor this $94K cluster as a critical support level for potential entries and risk management, as significant on-chain activity at this price signals strong holder conviction and a solid foundation for future price action (source: glassnode, May 23, 2025).