📊 BTC 4H Snapshot
💰 Current price around 86,000, slightly up on the day
📊 Sellers dominate the order book, roughly 60% sell orders to 40% buy orders; sell orders have consistently outweighed buy orders
⚡ Moving averages remain in bullish alignment: MA7>MA25>MA99; the bullish structure is still intact
There’s something interesting about this order book—the sell side is consistently heavier than the buy side, yet the price has barely fallen. The long-term moving average (MA99) is holding steady not far below, and the broader uptrend from last month’s low remains intact.
The recent high was just above 87,000, and the price has yet to break through it decisively. The medium-term moving averages form a support zone below, with no signs of a breakdown for now.
🛡️ Holding above the medium-term moving averages → the market remains range-bound with a bullish bias
🚨 A break below long-term moving average support → that’s when the medium-term trend would truly start to weaken
💬 Sell orders have consistently dominated, yet the price is rock steady. What kind of money do you think is holding it up?
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