🐳 $BTC — Buy orders are piling up at lower levels! 📊
According to the chart, Bitcoin has fallen to $75,896.9, with $41.2 million in pending buy orders at the $75,000 level!
The pending order imbalance indicator has also shifted to +20%, which means buy orders are currently outweighing sell orders near the current price.
📉 A look at the order book:
BTC has fallen from its peak of $81,188, reaching a low of $75,525, and is currently trading near $75,900 amid a clear battle between buyers and sellers.
The biggest buy orders below:
$75,500: Futures buy orders worth approximately $22 million.
$75,000: Spot buy orders worth $20 million, and futures buy orders worth $21.2 million.
$74,843: An additional buy wall worth approximately $21 million.
🔥 What am I watching now?
The first key area is support between $75,500 and $75,000.
If the buy orders hold during a retest, and buyers manage to prevent a new low from forming, we could see a rebound toward:
🎯 $76,457, followed by the resistance area between $76,900 and $77,000.
But if the buy orders are pulled or consumed by selling pressure, the $74,843 level could be tested again.
$ETH $SNDK
According to the chart, Bitcoin has fallen to $75,896.9, with $41.2 million in pending buy orders at the $75,000 level!
The pending order imbalance indicator has also shifted to +20%, which means buy orders are currently outweighing sell orders near the current price.
📉 A look at the order book:
BTC has fallen from its peak of $81,188, reaching a low of $75,525, and is currently trading near $75,900 amid a clear battle between buyers and sellers.
The biggest buy orders below:
$75,500: Futures buy orders worth approximately $22 million.
$75,000: Spot buy orders worth $20 million, and futures buy orders worth $21.2 million.
$74,843: An additional buy wall worth approximately $21 million.
🔥 What am I watching now?
The first key area is support between $75,500 and $75,000.
If the buy orders hold during a retest, and buyers manage to prevent a new low from forming, we could see a rebound toward:
🎯 $76,457, followed by the resistance area between $76,900 and $77,000.
But if the buy orders are pulled or consumed by selling pressure, the $74,843 level could be tested again.
$ETH $SNDK
