According to the 1-hour cycle display, in the past 12 hours, the total selling amount of the main large orders reached $139 million, with a net outflow of $27.11 million, and a buy to sell ratio of 1: 1.24. The main players showed a willingness to short. Especially around the key point of $103500, the main force has continuously sold over $12 million, indicating significant upward pressure.
At the same time, the K-line pattern appeared as a black triad, coupled with the KDJ death cross, further strengthening the downward signal. Although the current price is still above EMA24/52, the trading volume is extremely shrinking and the rebound is weak. Based on the main trend, short-term support of $103000 may be tested.
Tracking indicators for major orders, accurately capturing the flow of major funds, helping you gain early insight into market intentions!
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.
