According to @52kskew, BTC has fresh ask liquidity stacked just above spot around $116.4k+, indicating either an attempt to cap price or resting supply intended to be filled (source: @52kskew on X, Sep 12, 2025). According to @52kskew, both scenarios require sustained taker buying and passive buyer control for continuation, making buyer initiative the key driver at this level (source: @52kskew). According to @52kskew, traders should monitor whether buyers consistently lift offers into $116.4k and maintain control of the order book to progress higher (source: @52kskew).