The highest profit exceeds 3%! BTC major player urgently dips $78.16 million, $96740 under strong pressure

Last night BTC experienced a downward correction, hitting a low of $93605. According to the main single order statistics, after BTC fell below $94500, major players urgently searched for the bottom and accumulated $78.16 million in buy orders, including multiple spot and contract orders, which helped BTC rebound by 3.35%. It is worth noting that BTC rose briefly to $96740 in the morning, with high trading volume during the period. However, after the Binance contract holder equalized by $10.22 million, the price quickly fell back and smoothed out the previous gains, forming a bearish candlestick with obvious upward spikes within a 45 minute cycle. At present, BTC has crossed the EMA52 moving average. If it can stand firm, special attention should be paid to the strong pressure level of $96740. The data is for reference only and does not constitute any investment advice