The main buying area of $63260~$63000 reminded by AiCoin in the noon news has been cashed out. But the K-line only rebounded briefly and then fluctuated around $63100, indicating that this batch of buy orders did not really push the price out of the pressure zone.
According to PRO data:
-A limit buy order of $79.32 million versus a market sell order of $79.37 million, with active sell orders taking place every time a large buy is made.
-The custom 'net inflow of funds' indicator is relatively weak. This indicator is calculated using vbuy vsell to reflect which is stronger between active buying and active selling. The results indicate that active selling still holds an advantage.
-The overall contract holdings are still declining, indicating that the rebound is more driven by existing funds.
So the current focus is not on whether there are large buying orders, but on whether the active selling orders have weakened after the buying orders are completed.
Next, use PRO to focus on three things:
-Should the main force continue to pay the bill;
-Will large market price sell orders continue to fall;
-Has the net outflow of funds stopped.
Don't just look at the candlestick, use PRO to simultaneously monitor the main force's pending orders, transactions, and active fund flows to determine the true or false support.
The data is for reference only and does not constitute any investment advice.
