$BTC - Market Update (7/6)

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$BTC - Market Update (7/6)BTCUSDT Perpetual ContractBYBIT:BTCUSDT.PTealstreetBTCUSDT ran the 63.5k sell walls we were highlighting before reversing. Over $625M in net market sells over the last two hours. What's interesting is that we haven't seen any major liquidation cascades on the big exchanges. The orderbook is still bid-heavy, with $166M in buy walls around 60.8k-60.6k. Though I'm also watching if we get a deviation into 60.5k-60.1k.