$BTC Noon-day report: $86,000 at the line—up 1.42% in 24 hours. Last night it was still grinding at $84,000; today it directly smashed through the $85,000 integer level. The price is now holding above that level. Over the past 14 days it’s gained 6.4%—ever since the start of the month, starting from the $80,800 step, it’s been pushed up steadily.
This afternoon, Glassnode “tasted” the market: the sell-wall layer above $85,000 was suddenly out of stock. The buyers have finally taken the remaining positions left after a week of grinding higher, and the remaining holders have also flipped their stance.
Watch two key points this afternoon into tomorrow: whether the $85,000 integer level can be defended, and whether within the next 4 hours the price can take out the $86,500 layer. If it breaks above $86,500, then the market will look toward $88,000. If it gets slammed back below $85,000, it will return to choppy trading within the $84,000–$85,000 range.
#BTC午盘 #整数位攻坚 #Glassnode sell-wall disappears
This afternoon, Glassnode “tasted” the market: the sell-wall layer above $85,000 was suddenly out of stock. The buyers have finally taken the remaining positions left after a week of grinding higher, and the remaining holders have also flipped their stance.
Watch two key points this afternoon into tomorrow: whether the $85,000 integer level can be defended, and whether within the next 4 hours the price can take out the $86,500 layer. If it breaks above $86,500, then the market will look toward $88,000. If it gets slammed back below $85,000, it will return to choppy trading within the $84,000–$85,000 range.
#BTC午盘 #整数位攻坚 #Glassnode sell-wall disappears
