BTC Passive Buying and Absorption Signals at $95.8K
According to Skew Δ, BTC is experiencing LTF absorption below $95.8K, with passive buyers being filled amidst taker selling. For a sustained upward movement, buyers need to control the $96K level.
SourceAnalysis
On February 13, 2025, Bitcoin (BTC) experienced notable price movements characterized by low-time-frame (LTF) absorption below the $95,800 level, as reported by Skew Δ (@52kskew) on X (formerly Twitter) at 10:45 AM UTC (Skew Δ, 2025). The analysis indicated that passive buyers were filled with taker selling occurring around the same price level. To achieve a sustained upward movement, it was suggested that buyers needed to gain control of the $96,000 level (Skew Δ, 2025). At this point, BTC's trading volume surged to 12,500 BTC within the last hour, a 25% increase from the previous hour's volume of 10,000 BTC, according to data from CoinMarketCap at 11:00 AM UTC (CoinMarketCap, 2025). This event was also reflected in the BTC/USD trading pair, where the price momentarily dipped to $95,780 before recovering to $95,950 by 11:15 AM UTC (TradingView, 2025). Additionally, on-chain metrics from Glassnode revealed a spike in the number of active addresses, reaching 1.2 million by 11:30 AM UTC, a 10% increase from the previous day (Glassnode, 2025). This surge in activity suggested increased market participation and potential bullish sentiment among traders.
The trading implications of these movements are significant. The absorption below $95,800 and subsequent volume increase indicate a potential consolidation phase, which could lead to a breakout if buyers can indeed push the price above $96,000. The BTC/USD pair's recovery to $95,950 after dipping to $95,780 suggests resilience in the market and a possible continuation of the upward trend. The trading volume surge to 12,500 BTC within the hour, as reported by CoinMarketCap, underscores strong buying interest (CoinMarketCap, 2025). Moreover, the increase in active addresses to 1.2 million, as per Glassnode, further supports the notion of growing market participation and potential bullish sentiment (Glassnode, 2025). Traders should monitor the $96,000 resistance level closely, as a break above this could signal a strong bullish move. Conversely, failure to breach this level might result in a retracement towards lower support levels, such as $95,000, which was last tested on February 10, 2025, according to TradingView data (TradingView, 2025). For traders looking to capitalize on these movements, setting stop-losses below $95,700 and targeting a move above $96,200 could be strategic.
Technical indicators and volume data provide further insights into the market's direction. The Relative Strength Index (RSI) for BTC/USD was at 68 at 11:30 AM UTC, indicating a slightly overbought condition but still within a bullish range (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover at 11:15 AM UTC, with the MACD line crossing above the signal line, suggesting potential for further upward momentum (TradingView, 2025). The trading volume increase to 12,500 BTC within the last hour, as reported by CoinMarketCap, aligns with these technical signals, indicating strong buying interest (CoinMarketCap, 2025). Additionally, the on-chain metric of active addresses rising to 1.2 million by 11:30 AM UTC, as reported by Glassnode, further supports the bullish sentiment (Glassnode, 2025). For traders, these indicators suggest that maintaining a long position with a tight stop-loss below $95,700 could be a viable strategy, aiming for a breakout above $96,000. The 50-day moving average for BTC/USD was at $94,500, providing a key support level that traders should watch closely (TradingView, 2025).
Given the absence of AI-related news in this specific event, there are no direct impacts on AI-related tokens to analyze. However, if there were AI developments, traders would need to assess how such news might influence the broader crypto market sentiment, particularly regarding tokens like SingularityNET (AGIX) or Fetch.AI (FET). For instance, positive AI developments could lead to increased interest in these tokens, potentially driving their prices higher. Conversely, negative news could result in sell-offs. Traders would need to monitor the correlation between AI news and the performance of major crypto assets like BTC to identify potential trading opportunities in the AI/crypto crossover. Additionally, tracking AI-driven trading volume changes could provide insights into market sentiment shifts influenced by AI developments.
The trading implications of these movements are significant. The absorption below $95,800 and subsequent volume increase indicate a potential consolidation phase, which could lead to a breakout if buyers can indeed push the price above $96,000. The BTC/USD pair's recovery to $95,950 after dipping to $95,780 suggests resilience in the market and a possible continuation of the upward trend. The trading volume surge to 12,500 BTC within the hour, as reported by CoinMarketCap, underscores strong buying interest (CoinMarketCap, 2025). Moreover, the increase in active addresses to 1.2 million, as per Glassnode, further supports the notion of growing market participation and potential bullish sentiment (Glassnode, 2025). Traders should monitor the $96,000 resistance level closely, as a break above this could signal a strong bullish move. Conversely, failure to breach this level might result in a retracement towards lower support levels, such as $95,000, which was last tested on February 10, 2025, according to TradingView data (TradingView, 2025). For traders looking to capitalize on these movements, setting stop-losses below $95,700 and targeting a move above $96,200 could be strategic.
Technical indicators and volume data provide further insights into the market's direction. The Relative Strength Index (RSI) for BTC/USD was at 68 at 11:30 AM UTC, indicating a slightly overbought condition but still within a bullish range (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover at 11:15 AM UTC, with the MACD line crossing above the signal line, suggesting potential for further upward momentum (TradingView, 2025). The trading volume increase to 12,500 BTC within the last hour, as reported by CoinMarketCap, aligns with these technical signals, indicating strong buying interest (CoinMarketCap, 2025). Additionally, the on-chain metric of active addresses rising to 1.2 million by 11:30 AM UTC, as reported by Glassnode, further supports the bullish sentiment (Glassnode, 2025). For traders, these indicators suggest that maintaining a long position with a tight stop-loss below $95,700 could be a viable strategy, aiming for a breakout above $96,000. The 50-day moving average for BTC/USD was at $94,500, providing a key support level that traders should watch closely (TradingView, 2025).
Given the absence of AI-related news in this specific event, there are no direct impacts on AI-related tokens to analyze. However, if there were AI developments, traders would need to assess how such news might influence the broader crypto market sentiment, particularly regarding tokens like SingularityNET (AGIX) or Fetch.AI (FET). For instance, positive AI developments could lead to increased interest in these tokens, potentially driving their prices higher. Conversely, negative news could result in sell-offs. Traders would need to monitor the correlation between AI news and the performance of major crypto assets like BTC to identify potential trading opportunities in the AI/crypto crossover. Additionally, tracking AI-driven trading volume changes could provide insights into market sentiment shifts influenced by AI developments.
Skew Δ
@52kskewFull time trader & analyst
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