Update on BTC Whales' Orderbook: Liquidity Concentrates at $78K, Is the Market Being "Pulled" Up?

The latest orderbook data shows a large amount of liquidity densely stacked above, extending to the $78k region. This is a signal that "whales" are betting on a short-term liquidity sweep.
💸 Liquidity Above Is Very Dense
When sell orders (are concentrated) at a specific price range, the market tends to be "pulled" toward that area. Currently, the region around $78K is becoming a potential "price magnet."
However, the more liquidity is waiting, the stronger the resistance. If the price approaches this area, it is highly likely to see:
- Sharp volatility
- Strong shakeouts to hit stop losses
- Short-term profit-taking pressure
This means that even if the market has an upward trend, the journey will not be easy.
📊 Support Zone Still Holds: $71K – $73K
On the contrary, the $71k – $73,000 zone is playing an important support role. This is an area with strong buying interest and has successfully held the price multiple times.
If the price corrects here and maintains its structure:
- The short-term bullish trend remains valid
- Whales may continue accumulating
- The liquidity sweep scenario above remains in play
Conversely, if this support zone is clearly broken with high volume, the market structure could change.
📈 Possible Scenarios
- Price continues to be pulled up $78K → Tests dense liquidity → Sharp volatility.
- Price corrects to $71K–$73K → Supports hold → Builds a base before bouncing up.
- Support break → Selling pressure increases → Market structure needs to be monitored again.