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BULL. 🐂
$BTC There’s a reason we keep seeing large sell walls around $81K. They’re not random.
Large orders tend to cluster around important levels: VWAPs and EMAs.
We saw huge buy walls around the FTX-bottom AVWAP. Now we're seeing major sell walls around the 365D RVWAP.
You don't need to obsess over whether every wall is a spoof.
The bigger picture matters more: price reacts to important levels, and the orderbook often reflects where those levels are.
#PCEToJacksonHole #AIMonetizationBroadens
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