BTC's large transactions reveal the hidden battle between long and short positions: main force movements or indicative direction choices
From the perspective of member exclusive large transaction indicators, the main net inflow in the past 12 hours was $2.8 million, with a total buying amount of $19.83 million, significantly higher than the selling amount of $17.02 million, showing a long trend. However, in the latest 1-hour cycle, there have been over 1 million large market sell orders, indicating clear signs of suppression, echoing the bearish signals of the K-line pattern and the flat top, suggesting that short-term pressure may be exerted. The current price is below EMA52, and KDJ has entered the overbought zone after a dead cross. Beware of the risk of a pullback. The large transaction indicator accurately captures the main trend and helps you plan ahead. Open membership immediately and get ahead of the main capital flow! 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.
