Large orders continue to flow out, BTC faces a critical directional choice
In the past 12 hours, large sell orders totaled $331 million, far exceeding buy orders of $237 million, resulting in a net outflow of $94.39 million. Large orders were continuously sold at 13:55 and 14:44, directly suppressing the price's upward space, indicating a clear short-selling intention in the short term.
The current candlestick pattern shows three black crows, combined with the KDJ indicator's death cross pointing downwards, with bearish momentum accelerating. The bearish arrangement formed by EMA24 and EMA52 also confirms the downward signals indicated by the large order tracking metrics.
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Data sourced from PRO member [BTC/USDT Binance 1 hour] candlestick chart, for reference only, not constituting any investment advice.