According to Ai 姨 (@ai_9684xtpa), Bitcoin briefly dropped below $105,000, putting James's large 1,201 BTC long position—worth $126 million—just $233 away from his liquidation price at $104,720. His unrealized loss currently stands at nearly $1.4 million. This high-leverage exposure introduces significant liquidation risk, causing heightened volatility in BTC derivatives markets and potentially impacting overall crypto market sentiment. Source: Twitter (@ai_9684xtpa, June 4, 2025).

According to Mihir (@RhythmicAnalyst), Bitcoin is currently facing a significant resistance zone identified by the orange ring on the chart, which is likely to exert downside pressure on the price (source: Twitter, April 26, 2025). Traders should closely monitor this resistance area as it may trigger a short-term decline or increased volatility in BTC trading. This technical setup highlights the importance of resistance levels in Bitcoin price action and underscores the need for risk management strategies in the current market environment.