According to Skew Δ on Twitter, Bitcoin ($BTC) is experiencing a bounce driven entirely by limit orders, indicating strong support levels in the current trading range (source: @52kskew, May 23, 2025). The analysis highlights that long positions are building up behind the price, suggesting traders are positioning for further upside. However, for a full recovery in Bitcoin price, sustained spot buying is necessary to confirm bullish momentum. This trading activity signals key levels for crypto traders to watch, as order book dynamics play a crucial role in short-term Bitcoin price movements.