From the perspective of the liquidity map, interesting things are happening at the $940K level for Bitcoin — the previously accumulated 200 million sell orders have been mostly cleared, no wonder many seasoned traders emphasize this as an important resistance.



But don’t get too optimistic yet; there are still some spot and futures sell orders above, totaling around 150 million. From the 4-hour chart, the bullish momentum is indeed stronger, but considering liquidation risks and the accumulation of futures sell orders in the order book, there’s a significant chance of a short-term pullback.

If a pullback does occur, the $910K to $925K range is worth close attention, and it all depends on the buying support in that zone. Whether the turnover proceeds smoothly will directly determine the subsequent trend.
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DataBartendervip
· 01-07 08:39
940K buy orders are so cleanly filled, it seems the market still has some strength. If it really retraces back to the 910s later, it'll be interesting to see who dares to buy, it could get fierce. 1.5 billion sell orders are stacked there, this wave upward is risky. Liquidation orders plus order book, in the short term, caution is necessary. The 910 to 925 range is the true test; how the turnover is handled will determine everything.
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GmGnSleepervip
· 01-06 01:49
940K buy wall is so fierce, it feels like the main force is testing the resistance above. There's still a 150 million sell order above, this guy isn't holding back. The real test is between 910 and 925, see if the buyers are willing to step in. Although the 4-hour bullish momentum is strong, we really can't take the liquidation part lightly. I'm just worried it might be another fake breakout, and then a full retracement afterward.
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ProofOfNothingvip
· 01-06 01:44
940K this level was hit with a 200 million sell order, really can't hold on anymore Wait, there's still 150 million stacked above? So it's all pushing upward Short-term pullback is certain, just see if 910-925 can hold it
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BuyHighSellLowvip
· 01-06 01:36
910K, I've already set up an ambush long ago, just waiting for the sucker to come and give me money.
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FOMOmonstervip
· 01-06 01:24
940K the sell orders at this level are gone, but there's still 150 million stacked above. Can the bulls really break through? --- Are we about to retrace again? I need to keep a close eye on 910 to 925. Whether this wave can be absorbed is the key. --- The liquidation risk is a bit annoying. I'm just worried that even if the bulls' momentum is strong, they might not withstand a futures crash. --- Does the turnover process directly determine the direction? Then I'll see if anyone is willing to buy at the 910 range. --- Hmm… It's that "possible retracement" rhythm again. Let's first see if 925 can hold steady before making any moves.
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