Main fund movement: BTC large transactions reveal short selling signals

According to the large transaction data in the past 12 hours, the main force had a net outflow of $104.8 million, with a total selling amount of $34.43 million, far exceeding the $2.395 million bought, showing a clear trend of short selling. Especially in the latest 2-hour cycle, there have been multiple large market sell orders with amounts exceeding one million US dollars, further confirming the increase in selling pressure. Based on the K-line pattern, a bearish signal has been formed for the Black Three Soldiers, and the price has fallen below the support of the EMA24 and EMA52 moving averages, indicating strong downward momentum. In addition, the 10 day moving average of trading volume has crossed the 20 day moving average, weakening market activity and increasing difficulty in rebounding due to the divergence of KDJ indicators. Open membership, track key trends in real-time, and accurately capture market turning points! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.