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According to data from the past 12 hours, the total amount of BTC large market sell orders reached $738.7 million, far exceeding the buy order of $38.29 million, with a net outflow of $35.57 million and a buy to sell ratio of 1: 1.93. The main force is clearly inclined towards selling. Especially in the 2-hour cycle K-line, there have been multiple consecutive large sell orders in the million dollar range, indicating an intensification of short-term selling pressure and a trend towards cautious market sentiment. The 2-hour cycle K-line shows a cross shaped star pattern, coupled with a weakened MACD bar chart, further verifying the downside risk. Combined with large transaction indicators, the main behavior has already indicated price pressure in advance. Open a membership to stay ahead of the main trends and seize market opportunities! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.
