Data from the past 12 hours shows that the total amount of large market sell orders reached $24.21 million, far exceeding buy orders by $14.53 million, with a net outflow of $9.67 million, showing a clear short selling trend. Especially at 16:55 and 17:39, multiple large sell orders appeared, directly suppressing the price rebound space, indicating that the main funds are accelerating their exit.
The current 1-hour cycle K-line forms a top pattern, and the KDJ dead cross overlaps with the MACD histogram to reduce, further verifying the enhanced downward momentum. Although the price briefly rebounded above EMA24, it lacks buying support and may test the low again.
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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.