The hidden mystery behind the main large orders: BTC may face short-term fluctuations

In the past 12 hours, the main force has had a net outflow of $42.52 million, with sell orders exceeding buy orders. The main force has shown a clear willingness to short. Especially after multiple multi million dollar buy orders appeared around $107650, the price did not continue to rise, but instead formed a flat top pattern at a high level, indicating the pressure of key resistance levels. The current KDJ indicator has entered the overbought area, and with the increase in the proportion of major selling orders, the risk of short-term correction has intensified. Meanwhile, EMA24 is located below EMA52, and the medium to long-term trend remains weak. Seizing the main trend is seizing the opportunity! Activate membership to obtain real-time data on major orders and gain early insight into market trends. The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.