Main Large Order Movement: BTC's Short Term Direction May Embrace a Critical Turning Point
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The data of major single orders in the past 12 hours shows that the buy order turnover reached $154 million, the sell order turnover was $107 million, and the net inflow of major funds was $46.87 million, with a buy to sell ratio of 1.44:1, indicating a clear willingness of major funds to go long. However, the price continues to be below the EMA24 and EMA52 moving averages, indicating that short-term market selling pressure still exists, forming a divergence signal, and caution should be exercised against potential market volatility risks. The current 1-hour cycle K-line shows that MACD is at a dead cross below the zero axis, RSI has fallen below the 50 line, and the technical outlook is bearish. But the J value has become extremely oversold, coupled with the inflow of main funds, the opportunity for a rebound is looming. Activate membership to unlock major order tracking, accurately capture major fluctuations, and lock in market turning points in advance! 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.
