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💸Analysis of the Bitcoin ($BTC) situation based on the order book 💸
🔽A review of the order book data shows that the delta of orders is negative in the markets, which indicates a critical review. Also, sell orders on Binance are at their highest level, which increases the pressure and prevents the continuation of the upward trend.
❌Given these conditions, the price announcement is not definitive, but the data suggests that a temporary ceiling has probably been created. To enter the rebound, liquidity and increase are needed, which can take time. In the absence of significant buy orders (for example, a strong buy wall), the probability of a correction or consolidation of the price within the current ranges increases.👀
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