In the past 12 hours, large transactions have shown that BTC's main players have sold a total of $30.69 million, bought only $19.37 million, and had a net outflow of $11.31 million, with a buy to sell ratio of 1: 1.58, showing a clear short selling trend. Especially at 16:11, a large market price sell order of $3.13 million appeared, directly suppressing the price. Based on the current 1-hour cycle K-line, the price is below the EMA24/52 moving average, confirming the downward trend.
Although there was a large market buy order of $2.69 million in the latest period, the overall trading volume has shrunk, market activity has decreased, and the short-term rebound may be difficult to sustain. Although KDJ is in an oversold area, the main behavior indicates that bears still dominate.
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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.