This BTC market depth, I have a rough idea now. The habit of seasoned traders is not to look at individual coins first, but to see how the big players are moving.

$BTC Currently around 76,800, with a net outflow of 343 million USD. That’s not a small number. But if you look at the main large order list, buy orders have over 59 million and 63 million, while the largest sell order is just over 20 million. What does this indicate? Large funds are quietly accumulating, while retail traders are running. A classic case of “building the bridge in plain sight while crossing secretly.”
Looking at the candlestick chart again, the price is below the EMA fast line at 78,800 and the slow line at 78,360, so the bearish arrangement has not yet reversed. However, there is a detail — the recent candlesticks have small bodies and not short lower shadows, indicating support below. Combined with the buying strength from the main large orders, I personally judge that BTC will continue to consolidate in the 76,000-77,500 range in the short term, and it’s unlikely to directly break the previous low.
What about ETH? Ethereum has been following BTC in recent months, but with more volatility. As long as BTC doesn’t collapse, ETH has a chance. Currently, ETH’s daily structure is weaker than BTC’s, mainly because on-chain activity is quiet and gas fees are at the floor price. But technically, ETH has been range-bound around 2100-2200 for over a week, which corresponds to BTC’s 76,000-77,500.
If BTC can hold above 77,500 and move upward, $ETH is likely to catch up and test 2250-2300. If BTC drops back to 76,000, ETH might go around 2050. I personally prefer the first scenario — because the main large orders’ buying is genuine, not just fake orders to deceive.
So, the next move for ETH: consolidate first, then rebound. For those looking to bottom fish, wait for BTC to break through 77,500 with volume or ETH to show a volume-driven bullish candle above 2200. Until then, don’t hold heavy positions or chase highs. The experience of seasoned traders is that in the late stage of sideways trading, whoever can’t hold back first will lose. #BTC