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In the past 12 hours, the total amount of large market orders reached $28.36 million, with a net inflow of $13.57 million and a buy to sell ratio of 1.92:1, indicating that the main funds continue to be long. However, the latest 2-hour cycle K-line shows that prices have surged and fallen back, accompanied by a surge of large market sell orders, implying short-term pullback risks. In addition, the current KDJ has a dead cross and is in the overbought area, coupled with extremely shrinking trading volume and weakened market activity, further verifying the possibility of a pullback. Although the price is still above the EMA24/52 moving average, the medium to long term trend is under pressure, and we need to be wary of the main capital turning. Be the first to open a membership, grasp large transaction data, and gain insight into the main market trends in advance! 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.
