According to the PRO "Main Large Order Tracking" indicator, from 05:25 to 05:40 today, there were 4 large limit sell orders for Binance BTC/USDT spot, with the main players selling a total of 58.24 million US dollars, indicating significant selling pressure.
But if you only look at the K-line, it's difficult to determine whether this is a real smash or a fake move.
Based on the data from PRO's' Large Transactions', it was found that during the main selling process, another group of funds actively took orders and bought $23.3 million at the market price, actively digesting the selling pressure.
Further observation using the 'Footprint Chart' shows that although the main limit selling volume is dominant, the price has not weakened and instead closed positive with a large positive Delta (+280.44,+1.04K), indicating strong active buying and sustained selling pressure.
In the end, BTC continued to move forward and approached the critical resistance of $66000.
Similarly, when it comes to market trends, a regular candlestick chart only shows a "rise," while the PRO version chart shows who is selling, who is buying, and which side is taking the initiative.
Open PRO membership and instantly unlock professional signals such as main force transaction tracking and footprint maps, to see through the true intentions of the main force!
