Binance TAO/USDT perpetual trading volume surged 6 times within 10 minutes, with a turnover of $190 million in the past 24 hours, an increase of 2.04% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world

[U.S. stock market pre-market: Crypto concept stocks broadly rise, Bitmine up 3.53%] On November 20, U.S. stock market pre-market crypto concept stocks broadly rose, with Strategy up 2.68%, Circle up 1.79%, Coinbase up 1.91%, MARA Holdings up 3.33%, Riot Platforms up 3.07%, Bitmine Immersion up 3.53%, and SharpLink Gaming up 3.34%.

[BlackRock IBIT Ends Five Consecutive Days of Net Outflows, Single-Day Net Inflow of $60.6 Million] BlackRock's Bitcoin ETF IBIT saw a net inflow of approximately $60.6 million on the 19th, ending five consecutive days of net outflows. Previously, IBIT recorded a single-day net outflow of $523.15 million on the 18th, marking its largest single-day net outflow since its establishment in January 2024.

[The Governor of the Reserve Bank of India Expresses Cautious Attitude Towards Cryptocurrencies and Stablecoins] The Governor of the Reserve Bank of India stated that India adopts a cautious attitude towards cryptocurrencies and stablecoins.

According to the data of major single orders in the past 12 hours, the selling amount of the main force reached $274 million, while the buying amount was only $192 million, with a net outflow of $82.16 million, and a buy to sell ratio of 1: 1.43. The main force clearly leans towards short selling. Among them, the Binance contract sold over $60 million continuously at the prices of $91300 and $91900, further suppressing market sentiment. The current 2-hour cycle K-line has formed a black three soldier pattern, with prices falling below the support of the EMA24 and EMA52 moving averages, coupled with extreme contraction in trading volume, strengthening the downward trend. The main behavior and technical indicators are simultaneously bearish, and the market may continue to bottom out in the future. Open membership, real-time grasp of main trends, and accurately capture market turning points! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.