BTC Short-term Risk Warning!
In the past 12 hours, there has been a net outflow of $26.29 million in main funds, with sell orders amounting to 1.4 times that of buy orders, and the largest single sell-off of $25.5 million directly suppressed the price!
The technical analysis shows double bearish signals: three consecutive bearish candles on the 2-hour chart forming a top reversal signal, while the KDJ indicator shows a death cross, and the MACD energy bars continue to shrink.
These signals indicate that bearish momentum is accumulating! Continuous withdrawal of main funds may lead to further price declines towards support levels, so short-term operations need to be cautious!
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