According to the large transaction data in the past 12 hours, the main force has sold a total of $99.29 million, far exceeding the buy of $50.81 million, with a net outflow of $48.48 million, giving the bears a clear advantage. Especially in the recent one hour cycle, there have been two consecutive large market sell orders exceeding $1.3 million, indicating that the main force is accelerating its exit and the downward momentum continues to strengthen.
On a technical level, BTC prices have fallen below the support of the EMA24 and EMA52 double moving averages, and the MACD bar chart continues to shrink, resonating with the flow of main funds and increasing the risk of short-term pullbacks.
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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.