Visual analysis:

1. Upper Resistance

The $110,000–$125,000 area has a dense collection of dark orange colors, indicating a large number of short positions.

If the price goes through $110K, there will be a multi-layer short wash. The price may be pushed up to $120K+ very quickly (short squeeze).

2. Lower Support

The $95,000–$100,000 area also has liquidity (but is thinner than the upper zone), which may be the point where Long is open.

If the price falls in this zone, the long wash will also begin and go down quickly.

3. price behavior

Prices are currently on the upward trend and are approaching the high level of liquidity at the top.

The probability is high that the price will "push into the orange zone" (liquidity magnet theory) to store liquidity before adjusting the base.