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BTC large transactions reveal main trend: significant short selling signal
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Data from the past 12 hours shows that the total amount of large market sell orders reached $41.6 million, far exceeding buy orders by $23.21 million, with a net outflow of $18.38 million, showing a clear short selling trend. Especially with the latest three consecutive large market price sell orders totaling over $5 million, there is significant pressure on prices. Considering the current candlestick pattern and extremely oversold J value, although there is a probability of short-term rebound, the downward momentum still dominates. The MACD bar chart continues to shrink, and the EMA moving average is significantly suppressed, further verifying the downside risk. The large transaction indicator accurately captures the main trend and helps you plan ahead. Take the lead in mastering the flow of main funds and unlock more real-time data by opening up members! 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.
