According to the data of major single orders in the past 12 hours, the total selling amount of the main force reached $343 million, with a net outflow of $166 million, and a buy sell ratio of 1: 1.94, indicating strong bearish sentiment. Especially at 14:15 and 13:19, the main force concentrated on selling two large orders exceeding $37 million, directly suppressing the price increase. Although EMA24 and EMA52 form a golden cross, the KDJ dead cross signal suggests a short-term or further pullback.
The current trading volume has decreased by 24.65%, resulting in a decrease in market activity. Coupled with the emergence of a top tier pattern, the upward momentum has weakened. Based on the main force dynamics, the support below needs to focus on $118300.
Proactively grasp the main trend, accurately predict the turning point of the trend, and activate member unlocking to track major orders!
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.
