According to the data of major single orders in the past 12 hours, the sales volume of sell orders reached $109 million, significantly higher than the buy order of $88.7 million, with a net outflow of $20.45 million. The main players showed a clear willingness to short. Especially the two large selling orders exceeding 10 million US dollars at 15:10 and 16:56 directly suppressed the price rebound space. Combined with the current trading volume shrinking to 43.58% of the average and low market activity, further confirming the signs of main funds leaving the market.
In the 1-hour cycle K-line, the top pattern and bearish swallowing pattern appear successively, combined with the KDJ dead cross and RSI falling below the 50 line, indicating a technical resonance of bearish sentiment. The main behavior and technical indicators are synchronously pointing towards downward risks, and we need to be vigilant about further pullbacks in the short term.
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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.