PRO main data shows that BTC experienced intensive main trading from 07:40 to 07:47 in the morning. During this period, the main force actively liquidated through limit orders, with a total transaction volume of 169 million US dollars for buy orders; At the same time, there were sell orders worth $127 million in the market, and long positions passively cleared and concentrated.
From the perspective of the market, the contract position has sharply decreased by 2469 BTC in a short period of time, and the burst statistics have simultaneously shown dense multi order clearing signals, indicating that this wave is a rapid downward trend caused by the resonance of "main bearish+bullish stampede".
In this type of market, it is easy to misjudge the direction just by looking at the candlestick chart, but by linking the trading, position changes, and liquidation data of PRO main players, it is possible to identify in advance whether the main players are selling or taking the opportunity to close positions.
The data is sourced from PRO's featured indicators:
-Main Large Order Tracking: Monitor large cap limit orders, cancellations, and actual final transactions
-Large transactions: Real time tracking of main market price transactions
