BTC large transactions reveal hidden battle between long and short: long trend brewing
The large transaction data in the past 12 hours shows that the main force bought $11.25 million and sold $5.94 million, with a net inflow of $5.3 million. The buy to sell ratio is 1.89:1, indicating a clear preference for long positions. Especially near key support levels, the main force has repeatedly attracted funds through large market purchases, such as large purchases in the range of $104862 to $104868, further consolidating short-term rebound momentum. The current 1-hour cycle candlestick shows a cross shaped pattern, with prices fluctuating between EMA24 and EMA52, but trading volume has significantly shrunk, and the market is in a hesitant phase. Combined with the indicator of large transactions, the main behavior has already revealed directional signals in advance. By opening a membership, you can obtain more accurate analysis of the main trend! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.
