In the past 12 hours, large transactions showed a net inflow of $13.03 million from the main force, with a total buying amount of $27.89 million, significantly stronger than selling. However, the latest large market sell orders have appeared continuously, including multiple sell offs of $2.47 million, $1.78 million, etc., indicating an increase in short-term upward pressure. Based on the current 2-hour candlestick, the price is above the EMA24/52 moving average, but both MACD and KDJ have a dead cross, indicating a weakening of upward momentum and a possible shift towards a correction.
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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.
