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CoinGlass: Bitcoin is trading within a range, with strong support around $64,900.
BlockBeats message, April 3, CoinGlass said in a post that BTC whale order book data shows the Bitcoin price is being “boxed in” within a range. Sell orders are concentrated at $67,500 and in the $67,950 to $68,050 range. Buy orders are at $65,600 to $65,800, with stronger support near $64,900.
This is not a trending market, but a range-bound one. If the sell wall above is digested, it’s slightly bullish; if the buy orders below are withdrawn or eaten through, it’s slightly bearish. Before this, the price has still been trading in a compressed range set by giant whales.