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COINOTAG News, citing a Coinglass post, notes that the spot Bitcoin order book heatmap reveals a hefty sell wall forming above the $105,000 level, suggesting potential resistance for BTC in the near term and a test of demand at higher prices.
Such depth-based signals emphasize liquidity placement by market participants and may indicate where sellers could emerge if the price approaches the barrier. Traders should monitor whether bids strengthen beyond the $105k threshold, as a breach could shift near-term bias or invite profit-taking at key round numbers.
Overall, the report reinforces that depth metrics are one component of crypto market analysis. Investors are advised to align risk controls, verify data from multiple sources, and focus on credible levels like the $105,000 mark to manage exposure and inform positioning decisions.
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