- Solid institutional capital that flows to BTC Spot ETFs, but bulls must first erase the resistance of $ 104.9k.
- BTC OTC Sell-Side Liquidity dries quickly, but there are more high livered liquidity levels under $ 101k.
From mid -April, Bitcoin [BTC] Spot -TFs have seen a steady stream of investments and have seized many of the burglaries of crypto. Renewed interest rates made the inflow amount much higher than the outflow amount.
At the same time, the price of the King Coin went up steadily, which suggests that ETF’s question helped the price. This pattern showed that BTC exposure saw the net entry of almost $ 1 billion.
Source: Coinglass
While higher ETF intake supported higher prices, the statistics indicated that price -speed runs fades when the momentum fades.
The price of BTC can rise if the inflow continued to grow. However, a decrease in activity can weaken BTC prices due to the optimistic trend.
Main levels and price analysis
The graphs of Bitcoin showed strong profits followed by tightly compressed trade. Initially consolidated price between $ 83k and $ 86k. When the price broke out, consolidation took place between $ 93k and $ 96k.
As a result of the aforementioned pattern, the next upward movement ensured that the price consolidated between $ 101k and $ 105k.
Source: TradingView
Given these factors, it is wise to wait until BTC goes out of reach of $ 101k and $ 105k. If prices break more than $ 105k, this can mean that the market will continue to rise and achieve new records.
On the other hand, if the price goes below $ 101k, this can be a bearish trend that tries to reach the bottom end.
At this level, BTC results in the fact that things are the same, and the direction it breaks out, the first signs of his short -term movement could show.
BTC OTC and eternal liquidity levels
On the sales side, the data showed that Bitcoin’s liquidity decreased considerably on all types of platforms since the maximum reached.
With the number of announced sales that quickly decreased, it seemed that the liquid supply from Bitcoin quickly decreased.
Source: X
A lack of bitcoins on the market could in fact lead to an increase in prices, and this can happen in 2025 as long as demand does not fall.
In the meantime, the amount of fresh liquidation on BTC indicated eternal contracts at various liquidation points for positions with less leverage, up to the level of $ 101,000.
There were a number of high leverage on $ 99,459, $ 98,669, average leverage at $ 100,522 and $ 100,033.
When it comes to short positions, liquidations with low leverage were clear against and above the current price, for example at $ 105,764 but also at $ 105,498.
Source: TradingView
It pointed out that “more high livered liquidity levels are lower than $ 101k.” All in all, this indicated that the offer from BTC is pressed, which could cause an increase in prices.
Still, if the Bitcoin prices fall in the direction of the most important liquidation levels below $ 101,000, a lot of sales can arise, so that the price falls even more before an increase through a supply shock can be done.