BTC large transactions reveal main intention, short-term may face pullback

In the past 24 hours, BTC has shown a clear trend of short selling in large transactions, with a cumulative sale of $17.46 million, far exceeding the purchase of $12.62 million, and a net outflow of $4.83 million. The latest two large market sell orders were completed at key highs, with accumulated selling pressure reaching $668000. Combined with the 1-hour cycle K-line, the price is testing the support of the EMA24/52 moving average, but the RSI has entered the overbought area and broken through the uptrend line, increasing the risk of a pullback. The K-line pattern shows a flat top and an upper hanging line, which double verifies the bearish signal. The large transaction indicator accurately captures the main force's fluctuations, helping you lock in buying and selling opportunities in advance. Open a membership, grasp the main trends, and take the lead in layout! 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.