Selling orders exceeding $62 million are pressing, with both long and short sides fiercely competing for the $99000 mark

BTC is currently under pressure at $99000. According to the main bulk order statistics, large investors have accumulated $62.51 million in sell orders above this point, with an average sell price of $9901.9. In addition, when BTC was inserted to $99414 in the morning, the trading volume increased, but it eventually closed below $99000, indicating that the upward trend was hindered. At present, under the 45 minute custom cycle, the MACD yellow white line is returning to the zero axis, but BTC is showing a slow upward trend. If there is a MACD golden cross in the future, it is expected to hit the psychological level of $100000. The recent market fluctuations are significant, please take good risk control measures. The data is for reference only and does not constitute any investment advice!