Analysis: BTC’s “Buy Wall” Below Forms, Low-Level Orders Since June May Curb Volatility

Odaily News: Analyst “AntiFragile” stated on Platform X that Bitcoin’s (BTC) order book currently shows strong buyer support, with a significant number of patient buy orders concentrated in the range 2%-20% below the current price.

AntiFragile noted that these buy orders began appearing as early as early June, representing passive buying demand positioned in advance. If BTC’s price pulls back into these zones, these orders are expected to act as a buffer, reducing market volatility. The current order book structure indicates that some investors are waiting for lower entry prices rather than buying into the uptrend. These long-standing orders may serve as potential support in the event of short-term market corrections.