BTC is currently hovering around $97,200, showing slight upward pressure — but don’t get too comfortable just yet. Reports just came in that BlackRock has added more BTC exposure through one of its funds, which sounds bullish, but historically these big moves often precede short-term corrections.
If we zoom into the liquidation heatmap, there's a massive cluster of leveraged long positions around the $98.5K–$100K zone — a potential liquidation of over $2.7 billion if BTC spikes and reverses.
With the U.S. stock market closed today, crypto is moving in a narrow range. Expect high volatility once traditional markets reopen. Technically, BTC’s immediate support is at $94,500, and a drop to this level could trigger a bounce-back rally if volume steps in.
Stay alert, especially around key resistance zones. We’re tracking this closely.