To other traders, a buy wall often signals strong demand and a potential price bounce.
Seeing a solid wall of demand can induce FOMO (Fear Of Missing Out), prompting others to place their own buy orders just above the wall to ensure they are filled, which can drive the price upward. Strategic Uses and Manipulation Buy Wall Definition - CoinMarketCap bitcoin buy wall
The wall acts as a temporary floor; for the price to drop further, sellers must first "eat through" the massive volume of the buy order. To other traders, a buy wall often signals