In the past 12 hours, BTC's large transactions have shown a clear bias towards selling, with a cumulative net outflow of $2.12 million and a sell to buy ratio of 1: 1.34. Especially in the latest 1-hour cycle, there have been multiple large market sell orders exceeding $1 million, further strengthening short-term downward pressure. Considering that the current price is below the EMA24/52 moving average, the overall trend is weak.
On the candlestick chart, the flat top pattern and the decrease in trading volume also confirm the suppressive effect of resistance levels, and the trend may continue to decline.
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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.