Bitcoin remains in a tightening market structure as resistance rejections continue to guide short-term behavior. Trading stays uneven as participants react to compressed conditions and rising liquidation totals.
Ascending Triangle Holds as Rejections Continue at Upper Levels
Bitcoin stays inside a broad ascending triangle, keeping a constructive pattern. Higher lows continue to attract buyers, yet repeated failures at the horizontal resistance zone restrict progress. The structure remains intact while momentum stays limited.
Every attempt to clear the upper gray area has met swift rejection. That zone continues to act as supply, preventing sustained pushes higher. Price movement stays compressed, with uneven behavior around repeated tests of the same ceiling.
The rising diagonal trendline continues to offer support as buyers react at higher points. Multiple touches without breakdown signal accumulation. As long as the market holds above this trendline, the broader pattern remains in place, even as traders face difficult entries.
BTC Near $89,964 After Gradual Decline and Tight Intraday Consolidation
During the past 24 hours, the price moved above $91,000 before losing early momentum. The rejection near $91,300 triggered a controlled decline toward $89,964. Selling stayed orderly, while each rebound attempt weakened without strong volume. The shift pointed to fading demand.
Sellers remained active and a short hold near $90,800 was terminated. Price then resettled in a slender band between $89800-$90200. This late-session compression reflected cooling volatility after the earlier drop. Caution guided the session as participants awaited new direction.
Market cap moved to $1.79T, down 1.52%, while trading volume increased more than 7%. Rising volume during a decline suggests active participation rather than drift. Circulating supply remains near 19.95M, reinforcing scarcity while near-term sentiment stays defensive.
Liquidation Totals Grow as Volatility Pressures Both Sides
As of writing, data shows $2.24M cleared in BTC positions during the last one-hour window. ZEC followed with about $535K, making it the most affected altcoin in that period. Other assets, including ETH, SOL, and XRP, saw more balanced liquidation values.
Across the one-hour timeframe, total liquidations reached $3.56M with long positions taking most losses. The four-hour period recorded $22.73M, again dominated by long exposure. That pattern reflected positioning for upside during resistance tests and sudden reversals.
The 24-hour total reached $210.46M, split almost evenly between longs and shorts. About 86,125 traders were liquidated, with the largest single event at $2.14M on Hyperliquid. The distribution shows a market responding to compressed conditions and repeated directional swings.