In the past 12 hours, the main force of BTC has had a net outflow of $295 million, dominated by large selling orders, especially two large selling pressures of over $68 million at prices of $125000 and $122900, indicating a clear willingness of the main force to short. Combined with the current 2-hour cycle K-line, the black three soldier pattern continues its downward trend with three consecutive bearish lines, and the MACD dead cross further confirms the short-term bearish signal.
Although the price is still above the EMA24/52 moving average, the divergence of the KDJ indicator indicates that the downward trend is strengthening, and support levels may be tested in the future.
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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.