BTC New Floor 69.3k?

Hello Redditors,

I hope all is well! I’m posting on this community to ask a sincere inquiry from the community. I’ve been amateur trading for sometime now and have been building understanding of the markets but wanted to ask folks here - based on the price action of today, could we assume the new floor to be 69.3K (screenshot)? I’ve been watching the depth chart as well (wasn’t able to include) - it’s been looking like a green needle holding up a red bowling ball. My read is that no one is selling and the market maker also is continuously trying the price action in this consolidation phase.

Would appreciate any real wisdom here or expert thoughts on the matter. I also am curious to know additional indicators that others use. I’ve recently come across Bch to BTC ratio (still trying to understand how to read and its implications/economic factors that can affect it, etc).

Regardless, thank you guys for reading and looking forward to reading others thoughts!