
#BTC #ETH There are currently over $80 million in spot sell orders on Coinbase’s order book, with the largest single order near $808; This could indicate selling pressure taking effect, causing price to reverse and consolidate around this level—if price returns to this area later, this large sell order may no longer exist, allowing major players to attempt a breakout; Alternatively, if buy orders are strong enough to absorb this large sell order without a significant price drop, the $808 level could become a new support level following the breakout.

