Bitcoin Approaches Key Resistance Level of $106,000, Whale Profit-Taking Likely to Increase

On May 13, data analysis platform Alphractal pointed out the slowing momentum of Bitcoin's rise, noting that Bitcoin is nearing the $106,000 resistance level and retesting this range, which increases the risk of whale profit-taking. Alphractal CEO Joao Wedson stated that Bitcoin is currently approaching the 'Alpha price' range, a position where long-term holders or whales may choose to take profits. From a liquidation perspective, the risk of a 'long squeeze' is also rising. If the price of Bitcoin falls to $100,000, it would trigger the liquidation of large leveraged long positions. This price range may attract the price, leading to a retest of this key psychological level. #币圈新闻 #比特币