Key points:

• Bitcoin tries to take the liquidity of around USD 106,000, because traders hope for constant price recovery.

• Significant support is reduced to USD 97,000, increasing the chances of maintaining prices.

• Research says that making profits is pending, but they lack the intensity of classic bicycles.

Bitcoin (BTC) retrieved $ 106,000 after opening Wall Street on June 3, when traders looked at the start of stubborn returns.

Bitcoin eye liquidation clusters as USD 106,000

Data from CointeLraph Markets Pro i TradingView He showed BTC/USD reversal losses observed after daily closure.

After immersion below the ancient highest all time since the end of 2024, Bitcoin managed to stop the declines among the fears that $ 100,000 may come to the support test.

Analyzing the current market configuration, the popular Daan Crypto Trades traders suggested the potential related to liquidity above and below the spot price.

“There are many positions on both sides,” he wrote In the part of his last comment X.

“Main liquidity zones above USD 110,000 and below USD 103,000.”

Data from resource monitoring Kinglas He emphasized the potential of the price of “squeezing” higher or lower in order to take over neighboring liquidity, with additional liquidity on the shooting line.

Referring to one of his reserved commercial tools, the indicators of commercial materials emphasized the key areas of support in the event of a recent crisis.

“Firecharts shows ~ 263 million USD in BTC BID liquidity dropped to USD 97,750, and an additional immersion protection block just above the annual open”, IT noticed on the day.

“Any significant BID liquidity additives to this extended range should help maintain an increased price and intact macro trend.”

Material indicators, however, doubted the chances of achieving recent ups of all time in the coming week without a proper variability catalyst.

“The trend is undoubtedly still reaching, but this year there was no strong continuation over $ 100,000,” Daan Crypto trades summarized the day before.

“Euphoria”, still absent

In recent studies on profit -related activities among the Bitcoin Hodler base, the analytical company Onchain Glassnode showed how unusual the last phrases.

Related: $ 100,000 RATEST VS The highest monthly close in history: 5 things to Poznań in Bitcoin this week

“The last breakthrough of Bitcoin Ath ATH led to a significant increase in profits, and the average coin collected profit +16%”, IT It was found In addition to the graph of the profit rate (SOP) in the latest edition of his regular bulletin, “Week Onchain. ”

“Less than 8% of commercial days were more profitable for investors, which suggests that a significant transition to profit activities is underway.”

Glassnode added that despite the payment of the Hodlers, the market has not yet reached this kind of “euphoric” state observed during previous long -term prices.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.