According to the source, Bitcoin (BTC) is hovering near $109,000 after roughly $970 million in crypto liquidations, while August U.S. core inflation held at 2.9% and Trump tariff headlines pressured digital assets (source). Based on the source’s figures, traders can focus on post-liquidation positioning resets and monitor liquidity around the $110,000 and $100,000 round-number levels, with macro sensitivity elevated into any updates on inflation and tariff policy referenced by the source (source).

According to @CryptoKaleo, there is a 20%-25% probability that Bitcoin (BTC) could experience a sharp decline toward the $93000-$94000 range before forming a bottom and reversing. The trigger for such a move could be major macroeconomic events, referencing historical market crashes tied to geopolitical decisions such as the reciprocal tariffs announced by Trump in April 2025 (source: @CryptoKaleo Twitter). Traders should closely monitor global policy developments and large-scale market reactions, as such events have previously led to significant volatility in both traditional and crypto markets, potentially presenting short-term trading opportunities for BTC.