Main large orders frequently appear, BTC short-term trend may reverse
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. Real time monitoring of major orders helps you capture the flow of funds and seize market opportunities! Open a membership now and get a sneak peek at the main trends! 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.
