Bitcoin liquidity decrease 106 thousand dollars, as bulls defend the price with 260 million dollars offered

Main points:

• Bitcoin seeks to obtain liquidity about $ 106,000, as merchants hope to recover a continuous price.

• Big support to 97,000 dollars is supported, which enhances the possibility of price detention.

• Research says that achieving profit is underway, but it lacks the severity of the classic chain summits.

Bitcoin (BTCIt was re -targeted 106,000 dollars after the Wall Street championship on June 3, when traders began a bullish shift.

Bitcoin Aynic Eyes Liquidation groups of $ 106,000 returns

Data from Cointelegraph Markets Pro and Tradingvief BTC/USD showed the opposite of the losses seen after the daily closure.

after Dip the bottom of its highest levels ever From late 2024, Bitcoin managed to stop declines amid fears that $ 100,000 might come to test support.

When analyzing the current market setting, the famous Daan Crypto trading glimpsed to the possibility of seizing liquidity higher and less than the instant price.

“There is still a lot of situations that were built on both sides,” books In part of the latest comment x.

“The main liquidity areas above $ 110,000 and less than 103 thousand dollars.”

Data from a monitoring resource Coinglass He emphasized the possibility that “pressure” is higher or less to take adjacent liquidity, with already oud liquidity in the shooting line.

In reference to one of its trading tools, commercial resource material indicators highlighted the main support areas in the event of a new decline.

“Firecharts appears ~ 263 million dollars in BTC BID Sileediald has decreased to $ 97,750, and an additional set of diving protection slightly higher than the annual open,” Note On a day.

“Any important additions to the bids for this expanded range should help maintain the high price and the direction of the macro.”

However, the material indicators questioned the possibilities of Bitcoin, which strike new levels ever next week without an incentive for a suitable fluctuation.

“The trend is no doubt that the trend is still present, but there was no strong continuation above $ 100,000+ this year only”, Daan Crypto Trades summary Previous day.

“Ecstasy” to make profits is still absent

In a new research in Profit achievement From the Bitcoin Hodler base, Glassnode showed on Onchain Analytics how modern modern returns were.

Related to: 100 thousand dollars re -test for the highest month of closure at all: 5 things that must be known in Bitcoin this week

“The last Bitcoin Ath Breakout has led to a noticeable increase in the saved profits, with average currency that gets a profit +16 %”, it it I mentioned Besides a scheme to measure the consumer output profit percentage (SOPR) in the latest version of the regular newsletter,The week onchain”

“Less than 8 % of trading days were more profitable for investors, indicating that the meaning of meaning to activity to achieve profits.”

Glassnode added that although Hodles is disbursed, the market has not yet reached this type of “exhausted” situation that was seen during the previous price tops in the long term.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.