The outflow of main funds has intensified, and BTC is under significant short-term pressure

The large transaction data in the past 12 hours shows that the main force sold a total of $128 million, far exceeding the $80.08 million bought, with a net outflow of $48.2 million, showing a clear trend of short selling. In the latest 2-hour cycle, large market sell orders continue to suppress prices, market activity has dropped to freezing point, and trading volume has shrunk to 34.63% of the average level, indicating that selling pressure still dominates. On the technical side, the bearish signal was verified, and the double moving averages of EMA24 and EMA52 diverged downwards. Although RSI is in the oversold area, the rebound is weak. Based on the judgment of the main force's behavior, the support of $111000 below is facing a test. Open membership, track key trends, and seize 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.