Bitcoin is currently valued around $104,605 and strong liquidity can be seen at the $100K and $112K mark.
The current level of support for the asset is $103,939, with resistance set at $105,804 which makes for a close trading zone as key U.S. developments approach.
Market heat maps show strong order interest near $100K, signaling potential for increased volatility during labor and CPI releases.
Bitcoin was listed around $104,605 on June 2, 2025, in a fairly stable range after recent bear pressure. The 24-hour price action registered a modest 0.6% gain, and levels of resistance and support were looking robust at $105,804 and $103,939, respectively.
A wider view of more recent price action has Bitcoin retreating from a late-May high in the area around $111,000. Attention in the market is on upcoming U.S. macroeconomic releases, including labor data this week and inflation readings next week. The level of major liquidity, having been at $100,000 and $112,000, has been intriguing to traders.
Key Liquidity Zones Surround Price Action
Market data reveals large liquidity pools concentrated near $100,000 and $112,000. These zones have emerged as dominant price magnets on the current heatmap. This pattern highlights areas where large volumes of buy and sell orders could potentially trigger volatility. Between May 18 and May 30, Bitcoin saw sharp price movements that briefly tested both ranges, although neither level was broken. The $100,000 mark currently acts as a major downside target, while $112,000 serves as a potential upside cap.
https://twitter.com/MasterCryptoHq/status/1929427304297472283
Transitioning from these zones, liquidity decay indicators show diminishing interest below $99,000 and above $113,000. This leaves the $104K–$112K range particularly active for short-term market participants. Notably, volume concentration has intensified around the lower end, suggesting a possible price revisit if selling increases.
Upcoming Economic Data May Influence Direction
With labor data scheduled this week and CPI data next week, short-term volatility remains a possibility. Historically, Bitcoin markets have reacted sharply to U.S. macroeconomic releases. Analysts are monitoring whether the $100K liquidity zone could be retested in the coming days.
Following this, if market conditions align with buy-side liquidity at lower levels, a price bounce toward $112K could unfold. This projection depends on how participants respond to external market pressures, including shifts in traditional finance. Until then, the $103,939 support and $105,804 resistance define Bitcoin’s near-term trading corridor.
Range Remains Intact Amid Tight Technical Structure
Despite multiple attempts to break above $110,000 last week, Bitcoin now trades in a tighter range. The 15-minute interval chart shows consistent rejection at upper resistance zones. At the same time, price support between $103,000 and $104,000 continues to hold.
Liquidity concentration in this lower band offers a cushion, while upside moves face resistance at historical rejection points. As of the last update on June 2, 06:00 UTC, market positioning remains neutral. However, liquidity patterns continue to suggest preparation for a broader move once external triggers arrive.
