From the data of major single orders, the net inflow of major players in the past 12 hours reached $204 million, with a buy sell ratio of 2.34:1, indicating a strong willingness of major players to go long. Especially for large purchases around $106580, with cumulative transactions exceeding $100 million, it has become an important support level. However, the current trading volume has significantly shrunk, market activity has decreased, or short-term actions have been limited.
On a technical level, the 1-hour cycle candlestick shows a cross star and flat top pattern, the MACD histogram decreases, the downward momentum increases, and the price is under pressure below the EMA24/52 moving average. If the main force continues to attract funds, attention should be paid to the breakthrough of the resistance level of $107575.
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The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.