Main force movement: BTC 1-hour cycle long short game intensifies
Data from the past 12 hours shows that the net inflow of the main force reached $9.588 million, with a total buying amount of $340 million far exceeding the selling amount of $244 million, indicating a clear intention to go long. However, it should be noted that the price fluctuates between EMA24 and EMA52, and the main large orders are mainly concentrated in the range of $109300- $110300, indicating fierce long short competition. The current 1-hour cycle K-line shows that although the KDJ golden cross suggests a possible rebound, the MACD bar chart continues to shrink, and downward momentum is accumulating. Based on the distribution of major orders, the key support level is around $109300. Open a membership, keep track of the main trends in real time, and accurately capture buying and selling points! 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.
