ME News update, October 2 (UTC+8): On-chain data analytics platform Glassnode posted that the sell wall above Bitcoin has disappeared. Purchases have already absorbed a sell wall at the $85,000 price level yesterday. This level had been tested multiple times over nearly a week but had not been broken through. Glassnode said the remaining sell orders appear to have been withdrawn as well. After the reduction in sell-side liquidity above, the upward price movement may accelerate. (Source: ME)
