BTC Faces Heavy Sell Pressure as Large Orders Appear Near $91,000

Bitcoin is showing increasing overhead pressure as large sell orders cluster in the $88,000 to $91,000 zone. This area has become active on the order book, suggesting sellers may be trying to cap further upside. The chart highlights this liquidity band, with Bitcoin trading around the mid-$86,000 range during the latest session.

Bitcoin is currently positioned roughly $2,000 above the CME gap, which historically acts as a magnet for price during market imbalances. This adds to short-term caution, as these gaps often attract retracements. The chart shows Bitcoin recovering from the $80,600 region before entering a slower grind higher, placing it directly below the highlighted sell wall.

Order flow metrics on the chart, including cumulative volume delta, show rising selling interest as price approaches resistance. The presence of multiple stacked offers between $88,000 and $91,000 suggests a potential ceiling unless buyers can absorb the supply. The possibility of a local top forming early next week aligns with the liquidity clustering and the asset’s position relative to the CME gap.

These developments highlight a shift in Bitcoin’s short-term structure. Elevated sell-side liquidity combined with price floating above a known gap introduces downside risk. Whether Bitcoin absorbs the overhead supply or retraces to fill the CME gap will likely shape momentum and market sentiment in the coming days.

source: Ted