$BTC Update: Another sweep of $104K this time there appears to be a passive buyer & some size being flashed here, so further supports this price being important to the market Longs from earlier in the day have now been flushed out with bid depth in both orderbooks Typically we bounce
$BTC Update: Bounce lost steam pretty quickly & sellers are now becoming pretty impatient Asks continue to move lower towards price in an effort to force the market to sell off Shorts also continue to stack on all & any bounces Interesting...
182
26.5K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.