The outflow of main funds has intensified, and BTC is under significant short-term pressure
The large transaction data in the past 12 hours shows that the main force has sold a total of $51.25 million, bought only $34.38 million, and had a net outflow of up to $16.87 million, with a buy to sell ratio of 1: 1.49, indicating a strong short selling signal. Especially the recent three large market price sell orders, which continue to suppress prices, indicate that the main force is accelerating its exit. Combined with the 2-hour cycle K-line, the current trading volume is extremely shrinking, market activity has dropped to recent lows, the MACD bar chart continues to decrease, and the downward momentum is increasing. Although the EMA moving average is in a long position, the outflow of main funds has posed a clear threat to the upward trend. Get ahead of the main trend and lock in key buying and selling points! By opening a membership, you can track large transaction data in real-time and accurately grasp market fluctuations. 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.
