Recently, the candlestick chart shows BTC dropping from a high of 93721.37 to 81500. In the latest hour, although the candlestick showed three external upward patterns, the trading volume was only 20.33% of the average level, indicating a strong wait-and-see sentiment in the market and significant upward pressure.
The large transaction data shows that multiple large market price sell orders are frequently occurring, and retail investors are experiencing significant selling pressure. However, there are signs of stabilization at low levels, and bulls are beginning to rebound. It is worth noting that the MACD bar chart shows increased upward momentum, and combined with the short-term rebound trend, the price may have the potential to accumulate upward momentum.
Master market trend indicators, first-hand super buy and sell order dynamics, and open membership immediately!
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.
