In the past 24 hours, the main force has sold a total of $664 million, far exceeding the purchase of $405 million, with a net outflow of up to $259 million. Especially during the 01:00 period in the early morning, there were consecutive large market sell orders exceeding $15 million, directly suppressing the price below the $83000 support. Although there was a large market buy order of $4.86 million in the latest 1-hour cycle, the transaction volume significantly shrank and market interest was sluggish.
Currently, BTC is running below the EMA24 and EMA52 moving averages, with a downward slope. Coupled with the oversold KDJ indicator, the downward momentum is still being released.
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The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.
