Bitcoin Price Constrained by Whale Orders, Says CoinGlass

On April 3, CoinGlass reported that Bitcoin's price is currently confined within a specific range due to whale order book data. According to BlockBeats, sell orders are concentrated between $67,500 and the $67,950 to $68,050 range, while buy orders are positioned between $65,600 and $65,800, with strong support near $64,900. The market is experiencing fluctuations rather than a trend. If the sell wall is absorbed, the outlook may become bullish; conversely, if the buy orders are withdrawn or consumed, the sentiment could turn bearish. Until then, the price remains compressed within the range set by the whales.