The main large orders are attracting strong funds, and BTC's short-term trend may face a reversal

In the past 12 hours, the main force's large purchase order had a transaction volume of up to $366 million, far exceeding the $195 million sold in large orders, with a net inflow of $170 million, indicating that the main force's funds were significantly long. Especially when the price rebounds to around $118000, the main force continues to make large purchases, indicating strong support at this level. Based on the current K-line pattern, the reversal signal of the pregnancy line is consistent with the behavior of the main force, which may indicate that a short-term rebound is imminent. Technical indicators validate bullish expectations, KDJ is in oversold territory and diverging upwards, while RSI's double bottom pattern shows potential for upward growth. Although the price is below the EMA24/52 moving average, EMA24 has already surpassed EMA52, indicating that the medium to long term trend is expected to strengthen. Main single order tracking indicators help you accurately capture institutional trends and plan market turning points in advance! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.