BTC Main Fund Movement: Frequent occurrence of large sell orders, alert to short-term pullback risks
According to data from the past 12 hours, the total amount of BTC large market sell orders reached $61.32 million, far exceeding the buy order of $25.37 million, with a net outflow of $35.94 million and a buy to sell ratio of 1:2.42, clearly showing a short selling trend. Especially the latest few large sell orders were intensively executed after 17:00, with prices gradually dropping from $95446 to $95366, indicating that the main funds are accelerating their exit. Combined with the current extreme decline in trading volume and decreased market activity, downside risks are intensifying. In addition, the formation of a top split and KDJ dead cross signal on the 1-hour cycle K-line further confirms the pressure of the pullback. The bearish alignment of EMA24 and EMA52 moving averages suppresses the potential for price rebound. Open membership, track key trends, and seize opportunities! 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.
