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After the main large order hit the market, the market price recovered, and the cross star of BTC's 2-hour cycle indicates a direction choice

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In the past 12 hours, the main force has sold large orders with a cumulative transaction of $48.5 million and a net outflow of $17.16 million, with a buy to sell ratio of 1: 1.55, indicating a clear willingness of the main force to short. Especially last night at 22:58, the Binance contract crashed by $15.48 million in a single transaction, directly suppressing the price. Despite the subsequent large replenishment of $18.04 million, market activity has significantly decreased, with current trading volume shrinking to 15.22% of the recent average, and a strong wait-and-see sentiment among funds. At the same time, the 2-hour cycle K-line shows a cross star superimposed flat top shape, with obvious resistance above. Although RSI breaks through the 50 line upwards, the KDJ index converges, and the direction is yet to be confirmed. Combining the main behavior with the K-line pattern, there may be critical turning points in the short term. Activate membership to unlock real-time monitoring of major orders, accurately capture the dynamics of key players, and plan ahead for inventory changes! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.

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