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Essential insights:
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The Bitcoin double bottom configuration may enhance bullish activity toward $110,000.
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The CME gap around $104,000 might instigate a brief pullback.
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Stablecoin accumulation and the pressure on short-term holders indicate imminent volatility.
Bitcoin (BTC) exhibited a classic double bottom structure over the weekend, enabling BTC to achieve a bullish weekly close above its 50-week moving average. This formation aligned with the daily order block between $98,100 and $102,000, where BTC consistently tested the $100,000 area before bouncing back.
After a bullish structural break on the four-hour chart, Bitcoin now confronts resistance around $111,300, a mark that might be tested if short-term momentum persists. Nevertheless, on-chain data implies this progress may face hurdles.
Glassnode detailed that Bitcoin bounced from the 75th percentile cost baseline near $100,000. The next major obstacle is near the 85th percentile cost baseline, approximately $108,500, a threshold that has traditionally served as resistance during recovery phases. The percentile cost metric gauges where most investors procured their BTC, effectively charting the cost distribution throughout the market.
However, Cointelegraph noted a probable liquidity grab above $115,000, coinciding with a daily resistance area, with long-side liquidity around $100,000 depleted.
In addition, a CME gap between $103,100 and $104,000 represents a crucial short-term concern. CME gaps occur when Bitcoin’s weekend price fluctuations create a discrepancy between Friday’s closing and Monday’s opening rates on the Chicago Mercantile Exchange, and these gaps are often “filled” as traders revisit these thresholds, implying BTC may briefly pull back before continuing its upward trend.
As liquidity and engagement diminish, BTC might retest $101,000–$102,500, revisiting the weekend’s one-hour and four-hour order blocks before executing a significant upward move.
Related: ‘Most disliked bull run ever?’ 5 crucial points to understand in Bitcoin this week
Stablecoin strength may influence immediate BTC perspective
CryptoQuant data revealed that the Stablecoin Supply Ratio (SSR) has diminished from over 18 earlier this year to 13.1, marking one of the lowest points in 2025. This decline signifies increasing stablecoin holdings compared to Bitcoin’s market valuation, a symbol of offchain liquidity building up in anticipation of a market indicator.
Throughout the past month, SSR dropped from 15 to 13 while BTC lingered around $105,000, suggesting that purchasers are awaiting confirmation before allocating capital.
On the contrary, crypto analyst Darkfost noted a marked 40% increase in short-term holder (STH) inflows to Binance since September, climbing from 5,000 BTC to 8,700 BTC. With the realized value for STHs around $112,000, many are currently at a loss and increasingly sensitive to short-term fluctuations. This group’s selling pressure frequently precedes mid-cycle shakeouts prior to broader bullish continuations, adding a layer of short-term unpredictability.
Related: Bitcoin, ETH ETFs experience $1.7B outflow but whale purchases mitigate the price impact
This article does not provide investment advice or recommendations. Each investment and trading action carries risk, and readers should perform their own analysis when making decisions.
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