According to Skew Δ, Bitcoin (BTC) is currently consolidating, with traders closely watching significant ask liquidity at the $105,000 level, which is expected to act as a key pivot for the next major move. The next area of notable bid support is identified at $103,000, but price direction will likely hinge on how BTC reacts around the $105K mark. This liquidity structure suggests traders should monitor order book activity at these levels for potential breakout or rejection opportunities. Source: Skew Δ on Twitter.

According to Material Indicators (@MI_Algos), a one-year FireCharts order book and order flow analysis reveals substantial concentrations of BTC ask liquidity between $111,000 and $120,000, with significantly less bid liquidity below these levels (source: Twitter, June 11, 2025). This pattern suggests strong resistance for Bitcoin (BTC) in the $111k-$120k range, indicating that upward price movement may face heavy selling pressure in this zone. For traders, this data points to potential barriers for BTC bulls and signals caution for breakout strategies in the near term.

According to Skew Δ (@52kskew) on Twitter, Bitcoin ($BTC) experienced strong spot taker bids on Binance Spot, pushing the price above $97.5K and triggering a brief short squeeze with associated liquidations. The increase in ask liquidity quoted above the current price indicates that sellers are asserting a stance, often signaling potential resistance and possible retracement zones for traders. This real-time order book activity is a key factor for intraday and swing traders monitoring for reversals or continuation patterns, especially as high spot buying pressure meets concentrated sell orders (Source: Skew Δ on Twitter, May 2, 2025).

According to Material Indicators (@MI_Algos), Brown Mega Whales strategically market buy when there are blocks of ask liquidity to avoid slippage. This behavior suggests that if BTC bulls can overcome these liquidity blocks, there is potential to achieve a green Monthly candle close. The target of $84,321 is ambitious but could be attainable with sufficient buy pressure.

According to Material Indicators, BTC's price is dropping into a support test as 'Spoofy the Whale' has lowered ask liquidity on FireCharts, applying downward pressure. This strategic move could create an opportunity for buying the dip.

According to @MI_Algos, the BTC order book on Binance shows a significant shift where ask liquidity was moved from $100k down to $98k. Additionally, bids in the $94k - $94.5k range were withdrawn. The Absolute CVD values confirm that this change did not convert into a market order, highlighting a strategic liquidity adjustment rather than an immediate sell-off.