Main funds flee, BTC may face downward pressure

Data from the past 12 hours shows that the main force sold large orders with a turnover of $213 million, far exceeding the $127 million for buying large orders, with a net outflow of up to $86.07 million. Especially at the prices of $112799 and $113200, there have been consecutive large sell orders exceeding $30 million, indicating that the main funds are accelerating their exit. On a technical level, the 2-hour K-line closed with a cross star and the KDJ indicator entered the overbought zone, coupled with EMA24 breaking below EMA52, increasing the risk of short-term decline. Suggest paying attention to the support level of $112800. Open membership immediately, stay ahead of the main trends, and gain insight into market opportunities! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.