According to Material Indicators (@MI_Algos), the Bitcoin market started the day with approximately $245 million in ask liquidity stacked between current levels and the $110,000 mark, indicating significant resistance zones. Whale buying has been observed, suggesting strong institutional interest. Material Indicators is closely monitoring FireCharts for any significant shifts in liquidity dynamics, focusing on whether liquidity barriers on either side of the spread are being eroded or replenished. These observations are critical for traders seeking to anticipate potential breakout or rejection points in BTC price action, as changes in order book liquidity can signal imminent volatility or trend continuation. Source: Material Indicators on Twitter, May 21, 2025.