Data: Over 62 million US dollars in sell orders are pressuring the situation, with both bulls and bears fiercely competing for 99,000
BTC is under pressure at 99,000. According to the statistics of major orders, large accounts have accumulated a total of 62.51 million US dollars in sell orders above this point, with an average selling price of 99,001.9. In addition, when BTC spiked to 99,414 in the morning session, trading volume surged but eventually closed below 99,000 indicating resistance to rise.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Current mainstream CEX and DEX funding rates indicate that the market remains bearish
Trending news
MoreData: In the past 24 hours, total liquidations across the network reached $143 million, with long positions liquidated for $84.3764 million and short positions liquidated for $58.4925 million.
Strategy CEO: Will only consider selling bitcoin if the stock price falls below net asset value and new funds cannot be obtained
Crypto prices
More
