According to CoinMeta, based on early monitoring of in, there were three regular orders placed for BTC in the range of $64,888 to $64,666. If $65,050 is lost, the price may move closer to that range. Subsequently, a warning was triggered and fulfilled; BTC fell below $65,050. After some of the $19.52 million worth of orders were executed, they were withdrawn, and the price continued to drop, indicating that these orders did not provide real support. It wasn't until the price reached $64,088 to $63,777 that a major buy order of $44.77 million was successfully executed, and at the same time, the volume of holdings increased. BTC touched a low of $63,709 before rebounding above $64,000, verifying that the support was indeed effective.