BTC large transaction reveals long short game: net inflow exceeds $22 million, may rise in the future
Data from the past 12 hours shows that BTC's large transactions have shown a clear bullish trend, with the main players accumulating a net inflow of up to $220.1 million and a total buying amount of $439.4 million, which is twice the total selling amount. Especially after a large market order of $1.36 million at 16:47, the price quickly rose from $112350 to $112382, followed by another suppression of large sell orders, indicating a fierce long short game. The latest 1-hour cycle K-line has shown a cross star, and with the addition of RSI, it has entered the overbought zone, indicating that the short-term upward trend may be under pressure. However, the EMA24/52 moving average has a golden cross upward, and the long-term trend is still strong. Combined with large transaction indicators, it can accurately capture the main trend and plan ahead. Open membership, unlock large transaction data, grasp the main trends, and gain insight into trends ahead of time! 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.
