In the past 12 hours, the main large orders have shown a clear intention to go long. Buy orders have been executed for $208 million, far exceeding sell orders by $75.57 million, with a net inflow of up to $132 million and a buy sell ratio of 2.75:1. Especially during the period from 10:44 to 11:28 on October 12th, the main force continuously placed large buy orders in the range of $110000 to $111000, with a cumulative transaction volume exceeding $2 million, showing significant signs of attracting funds.
However, the current BTC price is still suppressed by the EMA24 and EMA52 moving averages, and the downward trend has not changed. The K-line shape has also shown a top split, indicating that short-term selling pressure still exists. But a significant influx of main funds may be brewing a reversal of the market trend.
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The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.