Bitcoin Buying Support Wall Fades as Bottom Structure Thins Significantly

Glassnode data reveals the June-accumulated buy order pool beneath Bitcoin is withdrawing, resulting in thinner support levels and heightened volatility risks.

Woofun AI data shows that native buying support for Bitcoin is diminishing as the substantial pool of orders accumulated below the price in June begins to withdraw. This reduction leaves support levels significantly thinner, creating a more fragile bottom structure. The firm continues to track this metric in weekly updates, noting that weakening liquidity and buying pressure below the market warrant attention to potential future price volatility.