According to CoinMeta, based on glassnode data, the support from buy orders below the current Bitcoin price is clearly weakening. Its order book data shows that the large-scale buy order wall formed below BTC during June has recently been continuously fading, and the remaining support is now significantly thinner. glassnode stated that this indicator has been a key focus of their observation recently, indicating that the liquidity below that previously provided a buffer for the price is decreasing.