According to Cas Abbé, Bitcoin has decisively traded above two key resistance levels: the 111SMA at $91,300 and the short-term holder realized price at $93,200. This technical breakout is significant for traders, as similar price action in October 2024—following a three-month downtrend—marked the beginning of a bullish reversal. These levels are now viewed as strong support, providing a favorable risk-reward setup for both short-term and swing traders. Traders are closely monitoring for sustained price action above these markers to confirm trend continuation (source: Cas Abbé on Twitter, May 1, 2025).