Main Large Order Movement: BTC may face a turning point in the short term
According to the data of major single orders in the past 12 hours, the main buyers have completed $536 million in transactions, while the sell orders were only $128 million, with a net inflow of up to $408 million. The buy to sell ratio is 4.20:1, indicating a clear willingness of the main buyers to go long. Especially at 14:35 and 15:35, there were large buy orders of $86.63 million and $42.36 million respectively, concentrated in the range of $104666 to $106600, indicating that the main force is actively attracting funds in this region. The current 1-hour cycle K-line has closed with a cross star, and with the addition of RSI, it has entered the oversold zone, indicating a strong short-term rebound signal. The main behavior resonates with technical indicators, and BTC may face a critical turning point. Open a membership, track the main trends in real time, and seize the opportunity to buy at the bottom! 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.
