According to Trader Tardigrade, Bitcoin (BTC) is currently consolidating within a range of $101,000 to $109,000, with a double top pattern identified at the upper boundary and a second bottom forming in a double bottom pattern at the lower end (source: Trader Tardigrade on Twitter, June 22, 2025). This technical setup indicates heightened volatility and critical support and resistance levels for active traders. Monitoring breakouts above $109,000 or breakdowns below $101,000 is essential for short-term trading strategies.

According to FireCharts on Twitter, significant liquidity has been established in the Bitcoin order book, with visible guard rails designed to keep the BTC price within a defined range ahead of today's Non-Farm Payroll (NFP) and Unemployment Reports (source: FireCharts via Twitter). This structured liquidity is expected to dampen spot price volatility, offering traders a more predictable trading environment during the release of major US economic data. Crypto traders should monitor the order book for shifts in liquidity, as sudden removal of these guard rails could trigger sharp price movements. Current conditions favor range-bound strategies with attention to macroeconomic triggers impacting the crypto market.