Everyone is celebrating this green candle on $BTC ‌ but did you notice the massive wall building up in the order book?

We are sitting at 74,646 and just look at the sell pressure. 73 percent of the orders are on the ask side. That is a lot of supply to chew through if we want to hit a new high. We already got rejected once today at 74,786.
The 1D chart shows we finally recovered from that 65k dip but the momentum is starting to look a bit tired here. If we can’t hold 73,500 on a retest then this whole move up was just a giant liquidity grab before another leg down.
Volume is decent at 1 billion but we need more buyers to step up and clear those 75k levels. Right now it feels like we are just hovering in a danger zone.
I’m watching the close very closely today. A weak close means I’m hedging. A strong one and we might actually see 78k.
Are you guys actually buying here or is this where you start taking profits?

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