Nearly two-thirds of buy orders are sitting 1%–10% below the price — increasing.
The most recent buy orders have dropped to around ~$68K as the order book becomes thin until ~$61K — a dangerous zone. The cost basis #STH at $71.3K is within the nearby stack, forming a normal retest level. Breaking above this zone will expose the on-chain bottom at $62K–$65K, where the heaviest supply block was accumulated earlier ⚡️🎯👀
The most recent buy orders have dropped to around ~$68K as the order book becomes thin until ~$61K — a dangerous zone. The cost basis #STH at $71.3K is within the nearby stack, forming a normal retest level. Breaking above this zone will expose the on-chain bottom at $62K–$65K, where the heaviest supply block was accumulated earlier ⚡️🎯👀
