Bitcoin Faces Selling Resistance Near Record Highs

• Bitcoin rally faces resistance as order book shows more potential sellers than buyers within 2% of market price

• Persistent $100 million gap between bid and ask sides suggests investors taking profits at record high prices

• Imbalance has lasted longest stretch since early 2021, hints traders building up sell limit orders

• Market makers' positioning may also be factor behind mismatch between bid and ask sides

• Net buying pressure evident from rising cumulative volume delta across major exchanges like Binance