According to the data of major single orders in the past 12 hours, the selling amount of the main force reached $274 million, while the buying amount was only $192 million, with a net outflow of $82.16 million, and a buy to sell ratio of 1: 1.43. The main force clearly leans towards short selling. Among them, the Binance contract sold over $60 million continuously at the prices of $91300 and $91900, further suppressing market sentiment.
The current 2-hour cycle K-line has formed a black three soldier pattern, with prices falling below the support of the EMA24 and EMA52 moving averages, coupled with extreme contraction in trading volume, strengthening the downward trend. The main behavior and technical indicators are simultaneously bearish, and the market may continue to bottom out in the future.
Open membership, real-time grasp of main trends, and accurately capture market turning points!
The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.