BTC large transactions reveal main trend: net outflow exceeds $11 million, with bears dominating
In the past 12 hours, large transactions have shown that BTC's main players have sold a total of $30.69 million, bought only $19.37 million, and had a net outflow of $11.31 million, with a buy to sell ratio of 1: 1.58, showing a clear short selling trend. Especially at 16:11, a large market price sell order of $3.13 million appeared, directly suppressing the price. Based on the current 1-hour cycle K-line, the price is below the EMA24/52 moving average, confirming the downward trend. Although there was a large market buy order of $2.69 million in the latest period, the overall trading volume has shrunk, market activity has decreased, and the short-term rebound may be difficult to sustain. Although KDJ is in an oversold area, the main behavior indicates that bears still dominate. Open membership, track key trends, and seize opportunities for unexpected changes! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.
