In the past 12 hours, the main force's buy and sell transactions reached $389 million, far exceeding sell orders by $165 million, with a net inflow of $224 million. The main force has a strong willingness to go long. Especially the huge buy in of $43.85 million around $116500 in the morning showed signs of key support levels attracting funds. Based on the current market situation, the main funds are concentrated in the low-level layout of price correction, indicating that a rebound may be brewing in the future.
However, the 2-hour cycle K-line shows a flat top and a bearish pattern with a top split, and the RSI crosses the 50 median line, indicating an increase in short-term volatility risk. But the MACD bar chart shrinks, and the downward momentum weakens. Combined with the main buying signal, there is a high probability of a pullback and stabilization.
The tracking of major orders directly targets the core of the market, accurately capturing the main movements and helping you stay ahead to gain insight into market turning points!
The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.
