According to CoinMeta, coinkarma founder Benson Sun stated that at 11 p.m. on October 1st (UTC +8), there were approximately 400 buy orders for BTC in the Binance BTC / USDT spot market, which supported the price. At 1:30 a.m. on October 3rd (UTC +8), around 1400 sell orders for BTC appeared in that range, with additional sell orders of about 100 every few seconds, but the price was pulled back by the buy orders. This area coincides with the range where about 83,000 to 84,000 US dollars' worth of tokens were accumulated on the chain, indicating clear support from funds.