BTC large transactions reveal main intention, short-term or direction selection

In the past 12 hours, large transactions showed a net outflow of $5.3 million from the main force, with a total selling amount of $22.26 million, significantly higher than the $16.95 million bought, indicating a short selling trend. Especially on August 23rd at 06:13 and 10:26, two large market price sell orders exceeding $2 million further suppressed prices. Based on the current K-line pattern, the decrease in the Black Three Soldiers and MACD bar chart jointly confirms the strengthening of downward momentum, and may continue to be under pressure in the short term. Although the price is above the EMA24/52 moving average, the main funds continue to flow out, the rebound is weak, and we are alert to the risk of further pullback. Open membership, track key trends, and capture price fluctuations in advance! 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.