103 million US dollars failed to buy and protect the market, BTC fell below $59000

The market has experienced a pullback, according to PRO's "Main Large Order Tracking", both BTC and ETH have seen large limit buy orders taking over. Among them, Binance BTC/USDT perpetual saw over $103 million in buy and protect below $59300; ETH has also seen multiple major buy and sell transactions, attempting to withstand market selling pressure. But combined with the data on capital flow, both have the same problem: active selling continues to dominate. This means that the buying market has not fully digested the selling pressure, and prices continue to be weak. This is also an area that many traders tend to overlook: buying and selling does not necessarily mean an increase. What really matters is whether the main force can continue to change the market supply and demand relationship after receiving the goods. Through the PRO version of K-line data, not only can we see where the main players are placing orders, but we can also determine whether these funds are successfully protecting the market or being consumed by market selling pressure. According to the latest data, active buying is beginning to try to digest selling pressure. Next, we need to focus on whether the buyer's funds continue to enter the market and whether the main trading structure can shift from selling dominance to buying dominance. It is recommended to combine PRO's "Main Large Order Tracking" and "Large Transaction" to observe in real-time the strength and attitude of the main funds, and seize rebound signals in advance.