In the past 24 hours, large transactions have shown that the main funds are clearly inclined towards buying, with a cumulative net inflow of $4.14 million and a high buy to sell ratio of 2.35:1, showing a long trend. Especially at 21:54 last night, two large market orders exceeding $3.5 million appeared one after another, pushing the price from $84421 to $84499, indicating a strong intention of the main force to attract funds. Combining with the current 2-hour cycle K-line, although the price is running above the EMA24/52 moving average, the trading volume has significantly shrunk, and the market has a strong wait-and-see sentiment.
However, the convergence of the MACD dead cross and KDJ indicator suggests short-term pullback risks, and whether the main force can continue to rise after attracting funds still needs to be observed. The large transaction indicator can help you capture major abnormal signals in advance and grasp key market trends.
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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.
Odaily Daily News: To celebrate the return of Telegram CEO Durov, Web3 entertainment platform Catizen announced that popular games Bombie and Cattea within its ecosystem will hold carnival celebrations. Catizen is one of the largest entertainment platforms in the TON ecosystem, with 61 million users currently. It is a TON ecosystem project endorsed and supported by Durov.
According to Lookonchain monitoring, a trader seems to have been following Kanye West's tweets and automatically buying YZY tokens after forwarding them, but ended up losing $465600 within an hour. Additionally, the trader paid 75 SOLs (approximately $10000) to JitoTip for priority trading.
