Bitcoin Order-Book Liquidity Around $87,000 Pins Price in Narrow Range as Holders Absorb Exchange Inflows

Bitcoin is trading in a tight band between support near $85,000 and heavy sell orders above $87,000, with order-book liquidity concentrating at both levels. Analysts note that despite a recent 3,000 BTC transfer worth about $260 million into Binance and short-term supply concerns, long-term holders and corporate treasuries continue accumulating, helping keep price above key technical support.