The current 2-hour cycle K-line shows that BTC prices are hovering below the EMA24 and EMA52 moving averages, and the downward trend has not changed. Although the KDJ golden cross suggests a possible short-term reversal, trading volume has severely shrunk, with the last 10 cycles at a low level of the last 25%, resulting in low market activity. At the same time, the large transaction indicator shows no obvious main force behavior, lacking large market buy or sell orders, indicating that the main force has not yet clarified its direction.
Combined with the dead cross signal below the MACD zero axis, the current oscillation pattern may continue, and caution should be exercised against further pullback risks. Open a membership, track major large transactions in real-time, and seize the opportunity of market changes!
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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.
OKX-MKR is currently priced at $1720.41, with a 24-hour increase of 8.77%. 24-hour transaction volume of 200 million US dollars, an increase of 214.41%, for reference only
