Just pulled up Binance BTC Level 5: the sell wall is covering the bids.
$BTC Top five asks: about 464k; bids: about 38k. Ratio: about 0.08. Current price: 80,967, down 0.85% on the day.
Sell orders are stacked high, yet the price has only ground down by less than a point.
It’s showy pressure, not a collapse.
#BTC盘口 #MajorSellWall