Data from the past 12 hours shows that the main buyers had a transaction volume of $680.1 million, far exceeding the sales volume of $47.25 million, with a net inflow of $20.75 million. OKX spot and contract markets have seen consecutive large buy orders in the tens of millions of dollars range, especially around $102950 and $102730, with clear signs of the main force attracting funds. However, the current price is still suppressed below the EMA24 and EMA52 moving averages, and the long short game is intensifying in the short term.
Combined with the K-line pattern, top types and flat tops appear successively, with bearish signals frequently appearing. However, the MACD bar chart shows an increase in upward momentum, and the direction selection is about to explode. Is the main force at a low level ready to take off? Open a membership, grasp the main trends, and lock in opportunities in advance!
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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.
OKX-WIF is currently priced at $0.9424, with a drop of 11.21% after 24 hours. 24-hour transaction volume of 1.3 billion US dollars, a decrease of 33.23%, for reference only
ETH has declined, with a trading volume of $45.5 billion in the past 24 hours and a circulating market value of $302.5 billion, representing a 2.75% decrease in market capitalization. Data for reference only
According to Foresight News, Coinbase analyst David Duong tweeted that the statement he wrote on Thursday night still applies: "The rise of ETH is mainly driven by technical factors, reflecting a large number of erroneous market positions, short covering, and subsequent re opening behavior, as the price of ETH is catching up with similar assets such as BTC and SOL. Nevertheless, we believe that the overall market interest in allocating ETH is still relatively limited
