According to Material Indicators, FireCharts show BTC bulls actively replenishing bid liquidity at the $104,000 level in an effort to defend this key support. However, the binned Cumulative Volume Delta (CVD) indicates that order flow momentum does not currently support a strong upward move. This divergence suggests traders should be cautious, as defense of $104k may not hold without increased buying pressure. Source: Material Indicators (@MI_Algos, June 19, 2025).

According to Material Indicators (@MI_Algos), Bitcoin is currently testing critical macro-level support with subdued market sentiment and muted price action. The analysis suggests that order flow, specifically Cumulative Volume Delta (CVD), could signal the market's next move amidst a backdrop of political and economic uncertainty.

According to Material Indicators (@MI_Algos), Bitcoin is currently in search of its market bottom, with a focus on Cumulative Volume Delta (CVD) as a key indicator for predicting the market's next move. The analysis suggests that monitoring order flow through CVD can provide insights into potential market reversals or continuations, offering traders a strategic edge in timing their entries and exits.