In the past 12 hours, large transactions showed a net inflow of $3.705 million from the main force, with a total buying amount of $7.563 million and a buy to sell ratio of 1.96:1, showing a clear long trend. Especially at 11:13, there were two large market buy orders approaching $6 million, which pushed the price up above $118000, indicating that the main capital continued to attract funds. However, the latest 18:01 large market price sell order of $5.25 million has fallen from $118293, indicating that there may be short-term downward pressure.
Based on the candlestick pattern, a cross star appears in the current 2-hour cycle, coupled with the KDJ dead cross signal, indicating that the upward momentum may weaken and caution should be exercised against the risk of a pullback.
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The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.