BTC's large transactions reveal the main trend, short-term or direction selection
In the past 12 hours, large transactions showed that the main force bought $94.71 million and sold $72.22 million, with a net inflow of $22.48 million, showing a clear long tendency. But the latest 2-hour cycle K-line has shown a peak pattern, and the KDJ indicator has entered the overbought area, suggesting that the rebound may be nearing its end. Although buying at large market prices is advantageous, one should be cautious of the risk of short-term profit taking. The current price remains stable above the EMA24 and EMA52 moving averages, with a strong medium to long-term trend. However, trading volume has shrunk to 48% of the average level, market interest has weakened, and prices may face downward pressure. Activate member tracking for large transactions, identify major market movements, and seize key turning signals! 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.
