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BTC 15-Minute Whale Order Book Shows Large Sell Walls
The 15-minute whale order book for BTC shows a large sell wall around $81,270 to $81,300, with a single order at approximately $81,270 exceeding $190 million. Currently, BTC price is below this zone. Coinglass states that if the price breaks through this range, it could trigger upward liquidity sweeps. If resistance is encountered here, attention should be paid to buy support around $80,300 to $80,000. Notably, before this round of Bitcoin's sharp rise, data also showed a large sell wall near $82,000, and over $1.4 billion in short positions around $82,400. However, Bitcoin successfully broke through this area and surged up to around $82,700. Looking back at previous market movements, large sell walls are often "used to break through," which could be a short-term signal that Bitcoin is about to break upward. What do you all think? Are you long or short today? Drop your direction in the comments!