BTC's large transactions reveal the main trend: short-term may face severe fluctuations

According to the large transaction data in the past 12 hours, the main force has sold a total of $54.85 million, while buying only $18.43 million, resulting in a net outflow of $36.41 million, with a buy to sell ratio of 1:2.98, indicating a clear intention to short. Especially around the 16:00 cycle, a single large market price sell order of up to $8.58 million suppressed prices, indicating a strong willingness of the main force to ship. Although the current 1-hour cycle K-line has shown a red three soldier pattern, the price is still suppressed by EMA24. Combined with the dead cross signal below the MACD zero axis, the short-term rebound may be difficult to sustain. Accurate capture of major fluctuations in large transaction indicators helps you plan ahead! Take the lead and understand the direction of the main operation. Open membership now and unlock large transaction indicators! 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.