BTC main force movement: frequent occurrence of large sell orders, clear short selling signals
Data from the past 12 hours shows that large market sell orders dominate the market, with a cumulative sale of $14.75 million and a net outflow of $5.71 million, indicating a significant lack of buying activity. Especially at 16:52, the latest large sell order with a transaction of 1 million pushed the price under continuous pressure, resonating with the K-line top classification and bearish swallowing pattern, further confirming the downside risk. The current MACD bar chart continues to shrink, with EMA24 falling below EMA52 and increasing downward momentum. The outflow of main funds may indicate greater room for correction. Open membership, track key trends, and accurately capture buying and selling opportunities! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.
