According to @danheld, Bitcoin (BTC) is only a few percent below its all-time high (ATH), highlighting a potential breakout zone that traders are watching; source: @danheld on X, Aug 12, 2025. Traders typically treat the prior ATH as key resistance and look for a decisive daily close above it on rising volume to confirm continuation, a classical technical analysis principle; source: Edwards & Magee, Technical Analysis of Stock Trends; CMT Association curriculum. Risk management near ATH often uses stop-loss orders just below the breakout level or recent swing lows, with position sizing adjusted by volatility measures such as ATR; source: Van K. Tharp, Trade Your Way to Financial Freedom; CMT Association curriculum. Given the proximity to ATH cited by @danheld, actionable tactics include momentum entries on the breakout or waiting for a retest of the former high as new support, while monitoring funding rates and open interest to gauge crowded positioning; source: @danheld on X, Aug 12, 2025; Kraken Learn Center on funding rates; CME Group education on open interest.

According to Crypto Rover, the U.S. stock market is approaching a critical technical level where previous resistance may soon turn into support, a move that typically signals increased bullish momentum and trading opportunities. This shift, highlighted in Crypto Rover's tweet on May 5, 2025, suggests traders should closely monitor price action at these levels for potential breakout entries or risk-managed long positions (source: Crypto Rover on Twitter).