According to Material Indicators, the market responded positively to the latest NFP and UNRATE reports, prompting a new block of BTC bid liquidity to emerge around $96.4k. This liquidity zone is acting as a potential weekend support, while bulls are currently challenging technical resistance at $98k. If the resistance breaks, traders could see a push toward the psychological $100k level, with the $96.4k liquidity block providing a safety net for downside risk management (Source: Material Indicators, Twitter, May 2, 2025).

According to @binance, the BTC order book currently shows significant ask liquidity stacked between $98,000 and $100,000, while bid liquidity remains thin down to $93,000 with only a small buffer at $95,000. This setup suggests a potential range-bound trading environment ahead of today's NFP and UNRATE reports, with expectations to remain within these levels until next week's FOMC meeting (source: @binance). Traders monitoring BTC price action should pay close attention to these critical support and resistance zones for potential breakout or breakdown scenarios as macroeconomic data and Fed policy updates unfold.