Bitcoin and Ethereum maintain a bullish outlook: but await a critical liquidity test

Bitcoin has managed to consolidate above $90,740 after surpassing the psychological barrier of $90,000, which kept the price action locked for three consecutive weeks in the $85,000-$90,000 zone. However, before a definitive impulsive move towards higher heights materializes, analysts warn of a scenario that could surprise many unsuspecting traders.

The liquidity trap lurking for the bulls

A recurring scenario in cryptocurrency markets is what is known as a liquidity sweep: an initial price movement that appears to be a breakout but is designed to capture stop-loss orders from new buyers. In the case of Bitcoin, if the price manages to break through the local resistance level at $94,500, many traders would interpret this as confirmation of bullish continuation.

However, there is a tangible probability that once long positions are activated in that region, a sharp fall below $84,000 could liquidate those funds. Only after this forced correction would the true bullish movement towards $100,000 and higher take place. The projected resistance at $92,000 derived from the 50-day moving average represents another vulnerability point where BTC could face rejection before attempting the next push.

The similar pattern in Ethereum: twin risks

Ethereum shows an analogous setup in its price charts. With a current quote of $3,120, the main altcoin has multiple liquidity attraction zones that traders should monitor.

Flow maps show notable concentration at $3,200, a significant magnetic zone at $3,500, and a robust cluster of liquidations between $2,700-$2,800. A correction that sweeps these lows could lay the groundwork for ETH’s next bullish impulse, turning selling pressure into a launch point.

Practical implications for traders

For those holding positions, the message is clear: patience is a virtue. Traders still seeking entry into new long positions should wait for confirmation beyond short-term noise. If Bitcoin decisively breaks $94,500, this should not be automatically interpreted as an immediate buy signal.

Scenarios to watch: A penetration followed by a reversal below $94,000 would serve as a warning of an imminent fall towards $84,000 and $80,600. On the Ethereum side, a move towards $2,800 would represent risk but also opportunity in higher timeframes. Traders with accumulated gains in short positions may consider partially closing on short-term bullish impulses.

The key lies in distinguishing between genuine breakouts —which generate volume sustainability— and liquidity runs designed to frustrate expectations. Bitcoin and Ethereum are positioned for significant moves, but the next step will determine whether these will be driven by genuine confidence or by a technical trap.