This is the second in a series of two works which study the discrete Gaussian free field on the binary tree when all leaves are conditioned to be positive. In the first work ("Gaussian free field on the tree subject to a hard wall I: Bounds") we identified the repulsion profile followed by the field in order to fulfill this "hard-wall constraint" event. In this work, we use these findings to obtain a comprehensive, sharp asymptotic description of the law of the field under this conditioning. We provide asymptotics for both local statistics, namely the (conditional) law of the field in a neighborhood of a vertex, as well as global statistics, including the (conditional) law of the minimum, maximum, empirical population mean and all subcritical exponential martingales. We conclude that the laws of the conditional and unconditional fields are asymptotically mutually singular with respect to each other.