From the data, in the last 12 hours, the net outflow of BTC by main players was 5.3 million, with sell orders (22.26 million) stronger than buy orders (16.95 million). On August 23, two market sell orders exceeding 2 million suppressed the price. From a technical perspective, the black three soldiers pattern combined with a decrease in the MACD histogram indicates an increase in downward momentum. Although the price is above the EMA24/52 moving averages, the continuous outflow of main funds has weakened the rebound, which may face pressure in the short term. Caution is needed regarding the risk of a pullback, and attention should be paid to key nodes for directional selection.
