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Analysis: Buy orders are accumulating around $65,000, while there is significant selling pressure at $68,000.
Odaily Planet Daily reports that the on-chain data analysis platform Coinglass posted on X that Bitcoin is forming strong buying liquidity support. Currently, the $65,000–$65,150 range has accumulated over $100 million in buy orders, creating a notable short-term support zone. Meanwhile, order book data shows significant sell pressure around $68,000, which may serve as an important resistance level for Bitcoin’s upward movement in the short term.