The current 1-hour cycle K-line shows that BTC prices are above EMA24 but below EMA52, and the MACD bar chart continues to shrink, indicating an increasing downward momentum. However, the market trading volume has severely shrunk, only 18.67% of the average level, and market interest has significantly decreased. Due to the lack of large transaction data, we are unable to accurately determine the movements of our main funds, which increases the risk of market fluctuations.
Based on the K-line pattern, there has been a recent trend of top division and bearish engulfment, releasing strong bearish signals. However, there is no verification of large market orders, and it is still unknown whether the main force has truly left the market. Open membership, track large transactions, accurately capture major fluctuations, and stay ahead of the trend by predicting trends!
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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.