According to Michaël van de Poppe (@CryptoMichNL), Bitcoin has swept liquidity and rapidly approached a crucial resistance zone. This price action suggests increased volatility and potential for a breakout, making this level highly significant for traders. Current analysis indicates that if Bitcoin successfully breaks above this resistance, it could trigger further upside momentum and attract additional trading volume from both spot and derivatives markets. Traders should closely monitor order book imbalances and liquidation data near this resistance to identify optimal entry points and manage risk, as shifts in liquidity can greatly influence short-term price direction (Source: @CryptoMichNL on Twitter, June 7, 2025).

According to Skew Δ, Bitcoin remains confined within its current range on the 4-hour chart. The market has swept both ask and bid liquidity, indicating significant liquidity movement. Traders should monitor price control closely during the early week trading sessions and at weekly/daily opens. A reclaim of the $99K - $100K level is required for any substantial market change.

According to Michaël van de Poppe, Bitcoin and altcoins have completed a significant liquidity sweep, potentially setting the stage for a favorable market year.