The main single order game is intensifying, and the short-term direction of BTC is about to become clear

The main large orders in the past 12 hours show that the buying and selling forces are basically balanced, but the frequent occurrence of large orders with a single transaction volume exceeding 10 million indicates that the main force is fiercely competing for key positions. Especially last night, the $30.17 million main selling order of Binance contract directly suppressed the price rebound, showing a clear intention of the main force to control the market. The current price is below the EMA24/52 moving average, coupled with the increased downward momentum of MACD, which verifies the downward pressure brought by the main selling orders. Combined with the resistance signal of the K-line shape, it may continue to be under pressure in the short term. Open a membership, stay ahead of the main trends, and seize every key change inventory! 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.