Before yesterday's CPI data release, Binance's SVD was heavily negative (seller-dominated), and BTC dropped to as low as $76.5K. If we compare it to 9/2, it's clear that yesterday's active selling pressure was much greater than at the same price level on 9/2 (Figure 1). The active selling was more concentrated, but the price didn’t drop lower, which indicates that the buy-side order wall was thicker, passively absorbing the selling pressure. We can verify this assumption through the 'Spot Order Book Depth Balance' data (Figure 2). After the CPI data was released, the price saw some wild wicks up and down. Following that, SVD turned positive, and the active order flow became relatively balanced, slightly favoring buyers. Additionally, the buy-side order wall within a 5% range of the spot price became thicker compared to before the data release. Of course, orders can be canceled at any time, and they don’t directly drive price movements. But at the very least, it shows that the passive buying support is still there for now. In the short term, if no more active sellers show up, it’ll be hard to push the price into a deep dip. I’m really curious—are people just waiting for a pullback and piling up orders between $70K and $75K? If you want to snag BTC at an even lower price, maybe you should cancel your orders so everyone has a chance