$BTC surged near 80k then dropped back below 78k, and the market is beginning to test the support below. Currently, there is an open order of 397.718 $BTC long positions at $77,686.5, which is a sizable order, indicating that someone is willing to buy on the dip. If this momentum can hold in the short term, the 78,000 level is more likely to be a consolidation rather than a direct weakening; but such whale orders can also be canceled at any moment, so they shouldn't be considered absolute support. $BTC

BTC-1.79%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin