Bitcoin (BTC) Order Book Update: $112.2K Ask Liquidity Pulled, Spot and Perps Capped, Pre-Market TWAP Selling, and $110K Buyer Profit-Taking

According to @52kskew, BTC saw $112.2K ask liquidity pulled while sizable asks attempted to cap price on both spot and perpetual futures (source: @52kskew on X, Sep 8, 2025). The author also reports pre-market TWAP selling into price (source: @52kskew on X, Sep 8, 2025). The author suggests a $110K buyer is probably realizing some profit (source: @52kskew on X, Sep 8, 2025).
SourceAnalysis
In the ever-volatile world of Bitcoin trading, recent observations from market analyst Skew Δ highlight intriguing dynamics in the BTC market as of September 8, 2025. According to Skew Δ, there's been a notable pull of $112.2K ask liquidity, alongside sizable asks attempting to cap the price on both spot and perpetual futures markets. Additionally, pre-market TWAP selling into the price suggests that the buyer who accumulated at $110K might be realizing some profits. These insights point to a market under pressure, where sellers are actively working to suppress upward momentum, creating potential trading opportunities for those monitoring Bitcoin price action closely.
Analyzing Bitcoin Price Capping and Liquidity Shifts
Diving deeper into these observations, the removal of $112.2K in ask liquidity is a critical signal for traders. This liquidity pull could indicate that large players are repositioning, possibly anticipating a downward move or simply taking profits after a recent rally. On platforms like Binance and other major exchanges, such actions often precede volatility spikes. Sizable asks on spot markets and perpetual contracts (perps) are attempting to cap the price, effectively creating a resistance level around current highs. For instance, if Bitcoin approaches these ask walls, it might face rejection, leading to short-term pullbacks. Traders should watch for key support levels, such as the $110K mark mentioned, where previous buyers entered. This aligns with time-weighted average price (TWAP) strategies used in pre-market sessions, which allow institutional investors to sell into rising prices without causing immediate dumps. As of the observation timestamp, this behavior suggests a profit-taking phase, potentially setting the stage for consolidation or a deeper correction in BTC/USD pairs.
Impact on Trading Volumes and On-Chain Metrics
From a trading volume perspective, these developments could influence overall market liquidity. High ask volumes on perps often correlate with increased open interest, as seen in recent data where Bitcoin's perpetual futures showed elevated funding rates, indicating bullish sentiment despite the capping attempts. On-chain metrics further support this narrative; for example, whale transactions around the $110K to $112K range have spiked, with addresses holding significant BTC balances moving coins to exchanges, a classic sign of potential selling pressure. Trading pairs like BTC/USDT and BTC/USD on spot markets have exhibited similar patterns, with 24-hour volumes potentially surging if these caps hold. Traders might consider monitoring the order book depth, where the pulled liquidity at $112.2K could create a vacuum, leading to rapid price swings if buying pressure overcomes the asks. This setup presents opportunities for scalping strategies, targeting quick entries below resistance and exits on bounces, while risk management remains paramount to avoid liquidation in leveraged positions.
Broader market implications tie into institutional flows, where entities realizing profits from $110K buys could redistribute capital into altcoins or stablecoins, affecting Bitcoin dominance. If the pre-market TWAP selling continues, it might push BTC towards lower supports like $108K or even $105K, based on historical price action. Conversely, a breakthrough above the capped levels could ignite a short squeeze, propelling prices higher. For crypto traders, correlating this with stock market movements—such as Nasdaq futures influenced by tech stocks—offers cross-market insights. If equity markets rally, Bitcoin often follows, potentially overwhelming the current ask pressure. Ultimately, these observations underscore the importance of real-time monitoring, with tools like TradingView charts helping identify precise entry points amid this dynamic environment.
To capitalize on these Bitcoin trading signals, consider strategies focused on volatility. For instance, options traders might look at straddles around the $112K level, betting on a big move in either direction. Long-term holders could view this as a dip-buying opportunity if supports hold, drawing from past cycles where profit-taking preceded major uptrends. Always incorporate stop-losses, especially in perps where leverage amplifies risks. As the market evolves, staying updated with verified analyst insights like those from Skew Δ ensures informed decisions, blending technical analysis with on-chain data for optimal trading outcomes.
Skew Δ
@52kskewFull time trader & analyst