BTC's large transactions reveal the main trend, and the downward trend may continue

The large transaction data in the past 12 hours shows that the main buying and selling forces are basically balanced, but after the latest 1-hour cycle saw a large market buy order of $1.99 million, the price failed to continue to rebound. Based on the current K-line pattern, the bullish signal of the Hammer Line is suppressed by the strong bearish signals of the Up Hang Line and the Black Three Soldiers, indicating that the main force's ability to attract funds is limited and selling pressure still dominates. At the same time, the MACD bar chart shows that the upward momentum has weakened, and the price is below the EMA24/52 moving average, with a downward trend in the medium to long term, verifying the lack of confidence in sustained buying by the main funds. The large transaction indicator accurately captures the main behavior and helps you predict market reversals in advance. Open a membership now, grasp the main trends, and quickly lock in opportunities! 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.