Bitcoin Remains Stuck Between Liquidation Zones Amid Market Indecision

Bitcoin prices increased by 5.07% over the past week, peaking at $108,000 before facing rejection. It currently trades between $106,000 and $107,000, showing no breakout signs.

Key Liquidation Zones Identified

Crypto analyst KillaXBT highlighted critical liquidation zones affecting Bitcoin's price movement:

Long positions concentrated between $103,400 and $106,000; a drop below this range could trigger significant liquidations.
Short positions are notable in the $108,000–$109,000 area; a rise above $109,000 could lead to a short squeeze, pushing prices toward $111,000.
On the 30-day chart, more short-side liquidations exist between $108,300 and $109,000 compared to long-side liquidations at $103,000 to $106,000.
Bullish control is possible if prices surpass $111,000 resistance.

Current Market Overview

Bitcoin is trading at $107,451, with a slight daily increase of 0.41%. Daily trading volume has dropped by 36.12%, indicating reduced market participation. Weekly network fees reached $3.39 million, down 38.9% from the prior week. However, exchange outflows of $310 million suggest strong confidence, as investors move assets into private wallets for long-term holding.