In the past 12 hours, large transactions have shown a net outflow of $3.11 million from the main force, with a total selling amount of $64.04 million and a buy to sell ratio of 1: 1.95, indicating a clear bias towards short selling. The latest three large market price sell orders were concentrated between 02:10-02:23, selling a total of $2.66 million, further suppressing prices. Based on the current K-line pattern, the waist belt line appears below the EMA24/52 moving average, confirming the strengthening of the downward trend.
The trading volume surged by 93.07%, and the main behavior and market activity increased synchronously, indicating a short-term or continued weakness. KDJ's death cross and RSI have crossed the 50 line, confirming the bearish signal once again.
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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.
