The image displays data related to Bitcoin (BTC) and Tether (USDT), indicating significant buying activity by whales (large traders).
Key Points:
1. Heatmap showing trading volumes at various price levels, with significant activity between 67k and 68k.
2. Cumulative Volume Delta (CVD) highlighting substantial buying pressure from whales recently (marked in the red box).
Interpretation:
• Whales are continuing to buy, suggesting their expectation of a price increase.
• The resistance level at 65.5k is crucial for a potential price rise; breaking above it may lead to a move towards 67k-68k.
Conclusion:
• Monitoring the 65.5k level and whale activity can provide insights into future price movements for Bitcoin.
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