Bitcoin: $30M Ask Liquidity Forms at $96K

Bitcoin sees $30M in ask liquidity at $96k sliding into the active trading zone, with FireCharts binned CVD revealing distribution across all order classes yet limit orders sustaining elevated prices.

Price action at $86245.7 rides a bullish trend with EMA50 at $81394.99 and EMA200 at $76532.86 acting as layered support, while MACD golden cross at 1878.49 reinforces momentum; however RSI at 74.78 signals overbought conditions and price hugging the upper Bollinger band at $88695.22 points to near-term volatility exhaustion likely triggering a retracement toward the 50-EMA before continuation.