BTC main force movement: large sell orders continue to emerge, short-term pressure signals are obvious
According to the large transaction data in the past 12 hours, the net outflow of the main force reached $204.2 million, and the total selling amount reached $34.66 million, which is 2.43 times the total buying amount, indicating a clear intention to short. The latest three large market price sell orders are concentrated in the range of $90160- $90198, further suppressing the potential for price rebound. Combined with the 2-hour cycle K-line, the price has fallen below the support of the EMA24/52 moving average, and a dual bearish pattern of flat top and top split has emerged, verifying the downward pressure brought by large sell orders. The market trading volume has shrunk to 24% of the average level, indicating that selling pressure may continue to expand. Master the main trend and plan the market in advance! Open membership to unlock large transaction indicators and accurately track the flow of main funds. 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.
