Main large orders reveal BTC's short-term direction: There is a clear willingness to go long, and key positions are about to be tested

According to the data of major single orders in the past 12 hours, the buy order turnover reached $315 million, far exceeding the sell order of $243 million, with a net inflow of $72.09 million. The main players showed a significant intention to go long. Especially at the price of $111000, there was a huge buying of $105 million, laying short-term support. Based on the current price being above the EMA24/52 moving average, the upward trend has been technically validated. However, the latest 2-hour cycle K-line closed with a cross star, indicating a slight hesitation in market sentiment, which may indicate a short-term adjustment. If it falls below the support of $11200, it may retrace to $111500. Open a membership, gain an advantage in key trends, and lock in profit points! 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.