According to the latest 2-hour cycle, BTC has shown a clear short selling trend in large transactions, with a net outflow of $82.54 million from the main force in the past 24 hours, with a buy to sell ratio of 1:1.19. Especially the large market price sell order of $4.04 million at 02:08 further suppressed the price, while at 02:07, although there was a buy order of $3.16 million trying to support the bottom, the strength was limited. Although the current candlestick pattern has shown a flat bottom, the trading volume has shrunk to 10.76% of the daily volume, indicating a significant decrease in market activity and weak buying.
Combining the KDJ dead cross and indicator divergence, the downward trend has been double validated, and short-term domestic demand is wary of further pullback risks.
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The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.