Data from the past 12 hours shows that the main selling orders have accumulated a total transaction volume of $433 million, far exceeding the $242 million of buying orders, with a net outflow of $191 million. Especially in the past two hours, four consecutive large orders exceeding $34 million have hit the market, directly suppressing the upward potential of prices. The main force has a clear intention to short, and the risk of short-term correction has increased sharply.
Although the current K-line is in the form of a red three soldier pattern and has an EMA golden cross, the trading volume has surged by 596%, which may be a trap for the main force to attract long positions. Combining technical and financial aspects, downward pressure is accumulating.
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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.
