Main single order net outflow of $186 million, BTC may face short-term pressure
From the perspective of the exclusive major single order indicators for members, the selling strength of the main force in the past 12 hours far exceeded the buying strength, with a net outflow of $186 million and a buy to sell ratio of 1:1.57, indicating a clear bearish trend for the main force. Especially last night, the two large selling orders of over $71.4 million and $16.2 million in Binance contracts directly suppressed the upward potential of prices. Although BTC is currently stable at the EMA24/52 moving average, the main force has a strong willingness to short, and the upward pressure cannot be ignored. KDJ's death cross further confirms the risk of short-term pullback, with a 33.32% decrease in trading volume on the 2-hour candlestick and weakened market momentum. If there is no new buying support, BTC may test the key support level of $109500. Open membership, track key trends in real-time, and stay ahead of the curve to understand market changes! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.
