$BTC Just one step away from $85,000!
The price has surged to $84,780!
Whale sell walls are gathering thickly overhead.
$85,000–$86,000 is becoming a key battleground!
If BTC breaks through this time, the bears could be in for another rough ride!
The latest Coinglass whale order book heatmap shows BTC climbing from around $82,178 to a high of $84,875, and now consolidating near $84,780. Notably, there are sell orders worth about $27.3 million at $85,700, another $25.8 million near $85,900, and sell orders worth around $12.9 million and $11.4 million at $85,950 and $85,990, respectively. These four price levels alone add up to more than $77 million, making the selling pressure between $85K and $86K quite evident.
Next, watch whether BTC can hold above $85,000 and then gradually absorb the dense sell wall between $85,700 and $86,000. If spot buying continues and the large sell orders are gradually consumed, the bulls may have a chance to open up more room to rise. But if the price gets rejected after pushing higher, the buy walls near $84,127 and $83,000 will be important areas to watch. Keep in mind that these are current orders, which can be canceled or adjusted at any time. A genuine breakout still needs to be confirmed by trading volume.
BTC has reached the doorstep of $85K. Next comes the bulls’ real test of fire.
If the dense sell wall at $86K is broken, the next rally could accelerate again!
Tap the card below and get started! 👇
$ETH $SNDK
The price has surged to $84,780!
Whale sell walls are gathering thickly overhead.
$85,000–$86,000 is becoming a key battleground!
If BTC breaks through this time, the bears could be in for another rough ride!
The latest Coinglass whale order book heatmap shows BTC climbing from around $82,178 to a high of $84,875, and now consolidating near $84,780. Notably, there are sell orders worth about $27.3 million at $85,700, another $25.8 million near $85,900, and sell orders worth around $12.9 million and $11.4 million at $85,950 and $85,990, respectively. These four price levels alone add up to more than $77 million, making the selling pressure between $85K and $86K quite evident.
Next, watch whether BTC can hold above $85,000 and then gradually absorb the dense sell wall between $85,700 and $86,000. If spot buying continues and the large sell orders are gradually consumed, the bulls may have a chance to open up more room to rise. But if the price gets rejected after pushing higher, the buy walls near $84,127 and $83,000 will be important areas to watch. Keep in mind that these are current orders, which can be canceled or adjusted at any time. A genuine breakout still needs to be confirmed by trading volume.
BTC has reached the doorstep of $85K. Next comes the bulls’ real test of fire.
If the dense sell wall at $86K is broken, the next rally could accelerate again!
Tap the card below and get started! 👇
$ETH $SNDK