Notable Statistics:

• Coinglass data shows 107,052 traders were liquidated in the past 24 hours for $275.94 million.       
• In the past 24 hours, top gainers include Quant, Sky and Monero.

Notable Developments:

Trader Notes: Entrepreneur and Bitcoin investor Lark Davis noted Bitcoin still holding above its long-term cycle trendline.

But it must break convincingly above $110,000 to avoid trouble. A rejection at that level could trigger a bearish head-and-shoulders setup, meaning bulls need to show strength soon.

Daan Crypto Trades noted BTC is compressing in a tight consolidation range. A breakdown could drag price toward the $88,000–$89,000 zone for a potential higher low, while a clean reclaim of $91,800 would open the path toward $93,000.

Adding to the bullish case, Nebraskangooner said a daily close above $91,550 would likely spark momentum into the upper resistance band.

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