BTC large transactions reveal main trends, short-term direction may be variable
In the past 12 hours, the total amount of large market sell orders reached $151.3 million, exceeding buy orders by $12.38 million, with a net outflow of $2.75 million, showing a clear short selling trend. Especially in the latest 1-hour cycle, there have been multiple large market sell orders exceeding one million US dollars, further suppressing the upward potential of prices. Based on the current candlestick pattern, the emergence of a top pattern and a cross star suggests market hesitation, and the KDJ death cross further strengthens the possibility of a short-term correction. Indicator recommendation: The large transaction indicator accurately captures the main force's fluctuations, predicts market turning points in advance, and helps you stay one step ahead! 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.
