BTC main fund movement: intensive trading of large buy orders, short-term trend may usher in a critical turning point

Data from the past 12 hours shows that the main buyers have accumulated a total transaction volume of $187 million, concentrated in the range of $121000 to $121500, indicating the main buyers' intention to attract funds in this region. At the same time, the OKX contract saw a major selling order of $12.08 million at $121521, indicating that there is still selling pressure above. The buying and selling forces are basically balanced, but the current price has fallen below the support of the EMA24 and EMA52 moving averages, coupled with extreme contraction in trading volume, suggesting that it may continue to decline in the short term. The MACD bar chart shows a double top pattern, combined with RSI falling below the 50 line, further verifying the strengthening of the downward trend. Lock in the main funds' movements and plan ahead for changing positions! Open a membership, grasp the main trading dynamics in the first time, and accurately buy the bottom and escape the top! 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.