The net outflow of major single orders exceeded $54.74 million, and the risk of short-term BTC correction has intensified

Data from the past 12 hours shows that the main force has sold large orders with a cumulative transaction volume of $145 million, far exceeding the $89.98 million for buying large orders. The net outflow is as high as $54.74 million, with a buy to sell ratio of 1: 1.61, indicating a clear intention of the main force to short. Especially at the two time points of 16:16 and 14:18, the main force continuously smashed the market by over $22 million, directly suppressing the upward space of the price. At the same time, the current 1-hour cycle K-line has shown a flat top pattern, coupled with RSI entering the overbought area, and the pressure for correction has sharply increased. Although MACD shows upward momentum, the outflow of main funds may become a critical turning point. Proactively observe the main trend and accurately grasp the turning point of the market! Activate the real-time monitoring function for unlocking major orders as a member, 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.