👽✌🏻🔥Order Book Reveals: Buyers Dominate, But with Caution 📊

#PowellRemarks

🛒 Buying vs. Selling Depth

The order book shows a clearly superior buying depth compared to selling, with a buy/sell ratio of approximately 0.97. Large buy orders concentrate at the levels of $111,428** and **$111,436, while sales cluster at $111,491** and **$111,480.

💧 Fund Flow: Net Outflow of Large Orders

In the last 24 hours, there was a net outflow of 47.85 BTC, mainly driven by large orders. Medium and small orders showed a slight inflow, but insufficient to offset the outflow from the large players.

🔍 Intriguing Fact:

A buy/sell ratio above 0.95 usually precedes bullish movements in 65% of cases, according to recent technical analysis.

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