The Large Order indicator clearly shows massive sell walls stacked heavily in the 79,500 to 81,000 zone, acting as a thick barrier right above the current level. If we look at the buyers in the price, the support clusters sitting down around 76,000 are looking quite weak compared to that massive overhead supply. With such a heavy lid on the market, rushing into new #Bitcoin longs right now doesn't make much sense. We need to see how $BTC reacts to this intense selling pressure and whether those blocks get pulled or actually filled. For now, sitting on our hands and letting the $BTC order book clear out is the safest play. #BTC Price Analysis#
