#USIsraelStrikesIranBTCPlunges 🔍 Deep Dive: The Mechanics of the Move
To add some extra weight to your entry, here are a few structural layers to consider:
Order Book Thinning: As you noted, the $68,500 resistance is eroding. On-chain data likely shows "Exchange Reserve" exhaustion, meaning there isn't enough sell-side depth to hold back a concerted push.
The Delta Gap: While spot prices oscillate, look at the CVD (Cumulative Volume Delta). If spot CVD is rising while price stays flat, it confirms your theory: aggressive buyers are hitting the "ask" without letting the price run away just yet