The net outflow of major single orders exceeds 500 million US dollars, and BTC is under significant short-term pressure

According to the data of major single orders in the past 12 hours, the total transaction volume of sell orders reached $770 million, while buy orders were only $267 million. The net outflow of major orders was $502 million, with a buy sell ratio of 1:2.88, indicating strong bearish sentiment. Especially at 9:34 am yesterday, there was a major selling order of $55.74 million in Binance contracts, which directly suppressed the price to around $99100, further intensifying downward pressure. The current 1-hour cycle K-line has formed a bearish swallowing pattern, with prices falling below the support of the EMA24 and EMA52 moving averages. Coupled with the continued decline in trading volume, market buying is weak, and the downward trend may continue. The main single order indicators accurately capture the trend of funds, helping you predict the market trend in advance! Open a membership, grasp the main dynamics, and seize the opportunity! 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.