According to the data of major single orders in the past 12 hours, the total amount sold by the main force reached $33.08 million, far exceeding the $2.218 million bought, with a net outflow of $10.9 million, clearly indicating a short selling signal. Based on the current 2-hour cycle K-line, although the price is above EMA24, EMA24 has already surpassed EMA52, and the medium to long-term trend is weak, resonating with the main behavior.
At the same time, the MACD bar chart continues to shrink, the downward momentum increases, and the flat top shape further confirms the resistance above. The main selling orders are concentrated in the range of $109699 to $109900, indicating heavy selling pressure in this region.
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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.