Data: Over 62 million US dollars in sell orders are pressuring the situation, with both bulls and bears fiercely competing for 99,000
BTC is under pressure at 99,000. According to the statistics of major orders, large accounts have accumulated a total of 62.51 million US dollars in sell orders above this point, with an average selling price of 99,001.9. In addition, when BTC spiked to 99,414 in the morning session, trading volume surged but eventually closed below 99,000 indicating resistance to rise.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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