BTC is currently 64915. It bounced back from 64256 and then hasn’t moved.
Earlier they said there was a little 15-minute inflow, but now it’s gone again—continuing to run outward. Over the past three hours, there were a net outflow of more than 3,000 BTC. All twelve lines are negative, and it hasn’t stopped.
What’s interesting is that the order book shows buy orders stacked up several times more than the sell orders, but in reality, all the executed trades are sell orders being dumped. The buy orders are stacked there waiting for someone to dump into them; when they dump, someone keeps catching. I can’t make sense of this setup.
Trades are tightening up a lot—nobody’s playing anymore.
Let’s watch this level for now and wait for it to choose a direction.
Time to harvest.
#btc $BTC
Earlier they said there was a little 15-minute inflow, but now it’s gone again—continuing to run outward. Over the past three hours, there were a net outflow of more than 3,000 BTC. All twelve lines are negative, and it hasn’t stopped.
What’s interesting is that the order book shows buy orders stacked up several times more than the sell orders, but in reality, all the executed trades are sell orders being dumped. The buy orders are stacked there waiting for someone to dump into them; when they dump, someone keeps catching. I can’t make sense of this setup.
Trades are tightening up a lot—nobody’s playing anymore.
Let’s watch this level for now and wait for it to choose a direction.
Time to harvest.
#btc $BTC