Two layers of buy walls below BTC On Hyperliquid BTC/USDC perpetuals, there are large limit orders stacked on both sides near the current price: - Above $84,350–$86,082: Around $152M in sell orders - Below $83,600–$81,250: Around $171M in buy orders But what’s even more interesting is the next layer below. Starting from 1:23 PM on September 24, funds have been placing 26 consecutive buy orders between $77,825–$79,000, totaling about $30.42M. The price intervals are only $6–$9 apart, clearly indicating a strategy of accumulating within a specific range. In the short term, let’s first watch how this $150M-level long/short wall near the current price gets absorbed. If the price continues to push down, the dense buy orders pre-positioned around $78K will act as the second line of defense.