According to a recent analysis on x.com, the BTC order book and order flow data indicate a significant accumulation phase, suggesting potential bullish momentum. The data reveals a notable increase in buy orders at key support levels, which could lead to upward price movement if sustained. This insight is crucial for traders considering entry points, as the market exhibits signs of strengthening buyer interest. Additionally, the order flow shows a decrease in large sell orders, further strengthening the bullish case. Traders should monitor these metrics closely to optimize their trading strategies and leverage potential market shifts.

According to @MI_Algos, the BTC order book on Binance is being closely monitored ahead of today's economic reports. Traders will be focusing on the binned CVD to assess whale reactions to the data, which could significantly impact trading decisions.