BTC's large transactions reveal the main trend: short selling signal is obvious

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In the past 12 hours, large transactions have shown a net outflow of $3.11 million from the main force, with a total selling amount of $64.04 million and a buy to sell ratio of 1: 1.95, indicating a clear bias towards short selling. The latest three large market price sell orders were concentrated between 02:10-02:23, selling a total of $2.66 million, further suppressing prices. Based on the current K-line pattern, the waist belt line appears below the EMA24/52 moving average, confirming the strengthening of the downward trend. The trading volume surged by 93.07%, and the main behavior and market activity increased synchronously, indicating a short-term or continued weakness. KDJ's death cross and RSI have crossed the 50 line, confirming the bearish signal once again. Get ahead of the main trend and lock in the market opportunity! Open membership, track large transactions in real-time, and accurately grasp the rhythm of long and short positions. 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.

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