The outflow of major orders exceeds 9 million US dollars, and there is a clear short-term pressure signal for BTC

Data from the past 12 hours shows that the main force has sold a total of $22.92 million in large orders, bought only $13.83 million, and had a net outflow of $9.99 million, with a buy to sell ratio of 1: 1.66. The main force shows a clear willingness to short. Especially at 17:43 and 17:42, OKX spot saw two consecutive large selling transactions, totaling nearly $8.3 million, further intensifying selling pressure. Based on the current 1-hour cycle K-line pattern, the coexistence of a cross star and an upper hanging line suggests an increase in market hesitation and a rise in pullback risk. In addition, although the price is above EMA24, it is lower than EMA52, indicating insufficient rebound momentum. The J value is extremely overbought and the trading volume is shrinking, alert to short-term downturns. Open a membership, track the real-time trends of major orders, and accurately capture signals of fund 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.