From the perspective of member exclusive large transaction indicators, the main funds in the past 12 hours have shown significant divergence, with a buy of $12.74 million slightly higher than a sell of $11.5 million. But the latest 1-hour cycle saw a large market sell order of $15.9 million, combined with the K-line forming a bearish swallowing pattern, suggesting that short-term pressure may be exerted.
Technically speaking, although the price is still above the EMA24/52 moving average, the MACD bar chart continues to shrink and downward momentum is accumulating. The current trading volume has shrunk to 26.99% of the average level, coupled with a flat top shape, with significant resistance above.
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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.