The willingness to short major orders is evident, and BTC is under significant short-term pressure
In the past 12 hours, the main force sold large orders with a turnover of $205 million, far exceeding the $123 million of buying large orders. The net outflow was $81.18 million, with a buy to sell ratio of 1: 1.66, indicating a strong intention of the main force to short. Especially in the range of $115500 to $115600, multiple multi million level sell orders were heavily executed, further suppressing price rebound. The current BTC is below the EMA24/52 moving average, and the KDJ death cross confirms a downward trend. The main behavior resonates with technical indicators, increasing the risk of short-term pullbacks. Do you want to be the first to grasp the main force dynamics? Open membership to unlock major order tracking and accurately capture market trends! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 1-hour] candlestick, for reference only, and does not constitute any investment advice.
