The price of $BTC Bitcoin is showing an impulsive rise, surpassing the mark of $92,4 thousand. In this dynamic movement, the market faced a sharp surge in slippage on buy orders, which reached 163 BTC. This figure is the highest in the last few days, signaling a significant increase in volatility.

The current situation indicates that large aggressive market orders are entering the market. Such orders do not wait for the price to reach a certain level, but are executed instantly at the best available prices in the order book. This leads to a rapid absorption of limit orders lined up at resistance levels. As a result, when a large order is executed, the price effectively "slips" through several price levels, as the liquidity volume at each of them proves to be insufficient.

The observed spike is a classic sign of a strong momentum move, where buyer demand sharply and significantly exceeds the available supply at the nearest price levels, forcing the market to seek a new price equilibrium.