Major orders reveal short-term pressure signals for BTC
According to the data of major single orders in the past 12 hours, the sales volume of sell orders reached $109 million, significantly higher than the buy order of $88.7 million, with a net outflow of $20.45 million. The main players showed a clear willingness to short. Especially the two large selling orders exceeding 10 million US dollars at 15:10 and 16:56 directly suppressed the price rebound space. Combined with the current trading volume shrinking to 43.58% of the average and low market activity, further confirming the signs of main funds leaving the market. In the 1-hour cycle K-line, the top pattern and bearish swallowing pattern appear successively, combined with the KDJ dead cross and RSI falling below the 50 line, indicating a technical resonance of bearish sentiment. The main behavior and technical indicators are synchronously pointing towards downward risks, and we need to be vigilant about further pullbacks in the short term. Tracking major orders in real-time, capturing key trends, accurately predicting market turning points, and helping you stay one step ahead! 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.
