June 26 evening BTC market maker unusual activity: large sell orders suppressing, short-term pressure may continue.
Recent data on large transactions over the past 12 hours shows that market maker funds are significantly bearish, with total sales reaching $19.12 million, far exceeding purchases of $18.07 million. In particular, at 17:43, there was a large market sell order of $3.65 million, which directly suppressed the price. Combined with the current K-line pattern of a top formation and the engulfing reversal signal, short-term downward pressure has further increased.
The 1-hour candlestick chart shows that the price has fallen below the EMA24 support, and the J value is extremely oversold. Although there is a possibility of a rebound, the trading volume continues to shrink, and market activity is sluggish, indicating weak buying power. #比特币 #比特币走势
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June 26 evening BTC market maker unusual activity: large sell orders suppressing, short-term pressure may continue.
Recent data on large transactions over the past 12 hours shows that market maker funds are significantly bearish, with total sales reaching $19.12 million, far exceeding purchases of $18.07 million. In particular, at 17:43, there was a large market sell order of $3.65 million, which directly suppressed the price. Combined with the current K-line pattern of a top formation and the engulfing reversal signal, short-term downward pressure has further increased.
The 1-hour candlestick chart shows that the price has fallen below the EMA24 support, and the J value is extremely oversold. Although there is a possibility of a rebound, the trading volume continues to shrink, and market activity is sluggish, indicating weak buying power. #比特币 #比特币走势