BTC large transactions reveal main trends, short-term direction may become clear

The 2-hour cycle K-line shows that although the current price is above the EMA24 and EMA52 moving averages, the latest K-line shows a cross star and gyro pattern, indicating an increase in market hesitation. Based on member indicators, there have been three consecutive large market sell orders in the past hour, with a cumulative sell of $12 million. However, the buying force has significantly weakened, and the main funds have shown signs of outflow, indicating that there may be short-term pressure. Further observation shows that the buying and selling forces have been basically balanced recently, but large transactions are concentrated around the key point of $83600, indicating fierce competition for this position. Combined with the convergence signal of KDJ index, the trend may reverse at any time. Open membership, track major large transactions, and gain early insight into market fluctuations! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.