"Strong bid-side imbalance and a heavy buy wall at $63.5k provide a solid structural floor. Thinner ask-side depth suggests a path of least resistance toward the upside."
Liquidity analysis reveals a significant concentration of resting limit orders on the bid side. Specifically, a major 'Buy Wall' of 540 BTC is positioned at the $63,200 - $63,500 range, representing a high-conviction floor where passive buyers are absorbing sell-side pressure. On the offer side, liquidity is relatively sparse until the $66,800 mark, where a 'Sell Wall' of 410 BTC is currently resting. Orderbook Imbalance (OBI) currently shows a +18.5% skew toward the bid side within the 2% depth range, indicating that buyers are currently providing more structural support than sellers are providing overhead friction. A liquidity void exists between $64,800 and $66,000, suggesting that if the current mid-price breaks upward, there is minimal orderbook resistance to prevent a rapid move to the $66.8k ceiling.