CoinGlass: BTC to test $56.8K support level

As per its BTC Liquidity / Orderbook Heatmap, crypto market data provider CoinGlass noted on X that BTC will first test the $56,800 support level. If the bounce is strong, BTC will test higher levels. On the contrary, if the bounce is weak, BTC will fall to lower price levels, according to the post. The data from CoinMarketCap shows that BTC is trading at $58,460.22 at the time of writing, down 4.29% over the last 24 hours.