$BTC
This BTC signal is highlighting a critical moment in the market:
♦️Key Zone: $93.8K–$96.3K is both a liquidation cluster and major resistance.
♦️Current Price: $94,233.9 — already in the thick of the action.
♦️Sentiment: Bullish — especially if the market eats through the liquidation cluster and keeps running.
What to watch for:
1️⃣Break and Hold Above $94K–$96K: Confirmation of bullish momentum.
2️⃣Volume: If buy volume spikes as liquidations are triggered, this can amplify the move.
3️⃣Rejection Risk: If buyers hesitate at this level (psychological resistance), a pullback could be sharp.
📌Bullish Case:
If liquidity is absorbed quickly and demand remains, price could rip past $96.3K.
Spot supply reportedly low on CEXs — can lead to a supply squeeze.
📌Bearish Case:
Failure to clear resistance could trap late longs, causing a flush back down.
Want a strategy breakdown or help with setting up stop-loss/take-profit around these levels?