According to the data of major single orders in the past 12 hours, the total transaction volume of sell orders reached $592 million, far exceeding buy orders by $401 million. The net outflow of major orders was $190 million, with a buy sell ratio of 1: 1.47, clearly indicating a short selling signal. Especially for the main selling orders around $122000, the concentrated selling pressure further suppresses the upward potential. Combining with the current 1-hour cycle K-line, the MACD bar chart continuously shrinks, and the downward momentum increases, resonating with the main behavior. At the same time, trading volume has shrunk to 45.99% of the average level, market activity has significantly decreased, and the main force's willingness to short has become more prominent. Subscribe to track major orders, accurately capture key trends, and stay ahead of the market rhythm! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.