According to Material Indicators, FireCharts Binned CVD data shows that Bitcoin bid liquidity is increasing within the order book, while significant ask orders are accumulating near the $110,000 level (source: Material Indicators on Twitter, May 20, 2025). The analysis suggests that a consolidation phase above $100,000 would be healthier for BTC price stability than an immediate surge to a new all-time high. Notably, whale buying activity is evident, which may indicate a potential bullish breakout if order book dynamics persist. Traders should monitor these liquidity shifts closely as they could signal near-term price action and volatility in the crypto market.