According to the large transaction data in the past 12 hours, the main force had a net outflow of $5.67 million, with a total selling amount of $49.54 million far exceeding the buying amount of $4.386 million, showing a clear trend of short selling. The latest large market price sell order of $153000 has lowered the price, further confirming the increase in selling pressure. Based on the current 2-hour cycle K-line pattern, the appearance of the meteor line indicates a short-term pullback risk, which resonates with the bearish signal of large transactions.
At the same time, although the EMA double moving average supports the upward trend, the J value is extremely overbought, and we are alert to the pressure of a pullback. The large transaction indicators accurately capture the main behaviors and help you plan ahead.
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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.
