Benson Sun: Strong buying support for Bitcoin in the $83000 to $84000 range

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Coinkarma founder Benson Sun stated that on the evening of October 1st (UTC+8), there were approximately 400 BTC buy orders supporting the price in the Binance BTC/USDT spot market. At 1:30am on October 3rd (UTC+8), there were approximately 1400 BTC sell orders in this range, with about 100 BTC sell orders appearing every few seconds during this period, but the prices were all pulled back by buying. This region overlaps with the accumulation range of on chain chips ranging from 83000 to 84000 US dollars, indicating a clear capital absorption.

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