Main Large Order Movement: BTC Short term Direction Selection is Coming Soon
According to the data of major single orders in the past 12 hours, the sales volume of sell orders reached 69.03 million, far exceeding buy orders by 41.78 million, with a net outflow of 27.24 million. The main players showed a clear willingness to short. Combining with the latest 1-hour cycle K-line, although the price is above the EMA24/52 moving average, the J value is extremely overbought, increasing the risk of pullback and forming a double verification with the main selling behavior. In addition, the current trading volume has significantly increased, with a daily volume increase of 44.46% over the past 10 days. The market activity has surged, which may pave the way for further operations by the main force. Short term trends require vigilance against downward pressure. Open a membership, grasp the main trends, and lock in market turning points in advance! 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.
