Market sentiment is changing, with the global liquidity index Z-score dropping to -3, officially triggering a buy signal, which may indicate that Bitcoin is about to experience a strong rise! With the surge in liquidity and rising market sentiment, Bitcoin's price may already be at the starting point of a new breakout.
Bitcoin price approaches $90,000, market sentiment is heating up.
Bitcoin (BTC) continues its upward trend from last week, rising another 1.39% today, just a step away from the psychological barrier of $90,000. Last week, Bitcoin overall rose 4.24%, marking the second consecutive week of recovery after a 15% drop in early March, showing that the market is gradually regaining strength.
One of the key factors driving this rise is the warming of global liquidity, which typically enhances investors' risk appetite, benefiting high-volatility assets like Bitcoin.
Global liquidity Z-score rare buy signal, is a Bitcoin breakout imminent?
According to research from data provider Alpha Edge, while traditional global liquidity indices may struggle to accurately predict the market, their Z-score is an extremely valuable reference indicator. Data shows that when the Z-score falls to -3, the market typically welcomes strong buying opportunities, while a rise to +3 indicates a selling signal.
After a sharp market correction in early March, the Z-score fell below -3 again, issuing a rare green buy signal, which has accurately predicted Bitcoin's trend turning points multiple times in the past. For example:
End of 2021: Abundant liquidity, Bitcoin welcomes an epic bull market, breaking through the $60,000 barrier.
2023: Global market warming, Bitcoin price welcomes exponential growth.
Historical data shows that whenever there is a divergence between global liquidity and Bitcoin's trends, and the Z-score enters extreme values, the market tends to experience significant volatility. Will Bitcoin once again welcome an explosive rise this time? The market is watching.
Selling pressure is decreasing, the market enters a consolidation phase.
In addition to liquidity indicators, on-chain data is also releasing positive signals. Bitcoin's 'net recipient amount' indicator has been declining since February 2025, indicating that selling pressure in the market is weakening.
Analyst Axel Adler Jr points out that the weekly closing price has risen twice in a row, global liquidity is improving, and selling pressure is decreasing, all of which strengthen Bitcoin's bullish outlook. If this trend continues, the market may welcome a new influx of capital, further pushing up Bitcoin's price.
$1.5 billion in contract funds face liquidation, Bitcoin's key price levels exposed!
As Bitcoin price nears $90,000, leveraged funds in the market also enter a high-risk zone. According to CoinGlass data, the key liquidation levels in the Bitcoin market are as follows:
Breaking through $87,813: could trigger $640 million in short liquidations, exacerbating the market's rise.
Falling below $85,633: will lead to $942 million in long liquidations, potentially causing significant volatility in the short term.
If it falls below $85,633 first and then rebounds to $90,000, the market may see over $1.5 billion in leveraged liquidations, accelerating Bitcoin's trending market.
Summary: Market sentiment is heating up, Bitcoin may welcome significant volatility.
In summary, the global liquidity Z-score rare buy signal, decreasing market selling pressure, and leveraged funds entering key price levels all indicate that Bitcoin is about to enter a phase of significant volatility. If global liquidity continues to warm, the probability of BTC breaking through the $90,000 mark will significantly increase!
For investors, the key going forward is to focus on market capital flows, Bitcoin's key technical support levels, and further changes in the global liquidity index. Bitcoin's explosive market may already be brewing!
