According to Skew Δ (@52kskew), Bitcoin (BTC) is currently testing its first cluster of sell-side liquidity around the $108K to $109K range, with significant supply pressure observed. Short positions have pushed BTC price up throughout the day and are now at risk, especially if bullish momentum continues. This setup increases the probability of a short liquidation event as the market heads toward the US close and the start of the Asia session, which could amplify volatility and offer high-risk, high-reward trading opportunities for active traders (source: Skew Δ on Twitter, June 16, 2025).

According to @AltcoinGordon, approximately $10 billion in Bitcoin short positions are set to be liquidated if BTC reaches the $115,000 price level, based on current open interest data (source: @AltcoinGordon on Twitter, June 10, 2025). This potential large-scale liquidation could trigger a significant short squeeze, amplifying upward price momentum and increasing volatility across the crypto market. Traders should monitor price action near the $115K mark, as cascading liquidations may create rapid market moves and impact related cryptocurrencies.

According to Gordon (@AltcoinGordon) on Twitter, Bitcoin is trading just $200 away from James Wynn’s liquidation price, indicating a critical support level. Market observations suggest that sell-side pressure is weakening, as sellers appear to be running out of steam (source: twitter.com/AltcoinGordon/status/1929490413351551091). This development may signal a potential shift in momentum, creating an opportunity for traders to watch for a possible short squeeze or reversal. The proximity to a major liquidation price and the reduced selling activity are important factors for crypto traders analyzing Bitcoin’s short-term price action.

According to Crypto Rover, Bitcoin short liquidations have reached nearly $500 million over the past 24 hours, signaling a powerful short squeeze event and increased volatility in the crypto market (source: Twitter/@rovercrc, May 8, 2025). This rapid unwinding of bearish positions is driving upward momentum for BTC prices and may trigger further liquidations if upward trends persist. Traders are advised to monitor open interest and funding rates closely, as these liquidation levels often precede major price swings and can impact leverage strategies across major exchanges.

According to Skew Δ (@52kskew) on Twitter, Bitcoin ($BTC) experienced strong spot taker bids on Binance Spot, pushing the price above $97.5K and triggering a brief short squeeze with associated liquidations. The increase in ask liquidity quoted above the current price indicates that sellers are asserting a stance, often signaling potential resistance and possible retracement zones for traders. This real-time order book activity is a key factor for intraday and swing traders monitoring for reversals or continuation patterns, especially as high spot buying pressure meets concentrated sell orders (Source: Skew Δ on Twitter, May 2, 2025).