In the past 12 hours, the BTC market has seen notable capital movement, with institutional large orders amounting to $241 million in purchases, while sales only reached $124 million, resulting in a net buying volume of up to $117 million. Particularly noteworthy is the $45.28 million large order transaction that occurred at 12:36 AM, indicating that capital is strategically positioning itself at critical price levels.
Although the short-term chart shows a three consecutive downtrend, the consistency at the bottom of the candlestick indicates that there is support strength below. In terms of technical indicators, the KDJ has entered the oversold area, which is usually a precursor to a potential market rebound.
However, there are also potential risk factors in the current market. The trading volume has decreased by more than 50% compared to usual, which indicates a lack of following power in the market. Even if the main funds push the price upward, it may be difficult to maintain long-term upward momentum.
In such a complex and ever-changing market environment, it is crucial to avoid blindly chasing highs and cutting losses. Investors are advised to focus on the combination of fundamental factors and technical indicators to make rational judgments about market direction. Recent CPI data and other macroeconomic indicators will also have a significant impact on short-term market trends.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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ForkMaster
· 06-14 21:21
Persevering brick mover
Reply0
TommyTeacher
· 06-14 03:41
Margin Replenishment Opportunity
Reply0
DaoGovernanceOfficer
· 06-14 03:03
Smart whale moves flow
Reply0
DaisyUnicorn
· 06-12 12:52
Be patient and wait for the market to bloom.
Reply0
TommyTeacher1
· 06-12 12:51
Long positions are still building strength.
Reply0
TokenBeginner'sGuide
· 06-12 12:49
Position must be well controlled.
Reply0
InscriptionGriller
· 06-12 12:45
Suckers are going to be played for suckers again.
Reply0
NullWhisperer
· 06-12 12:43
Low volume needs attention.
Reply0
Web3Educator
· 06-12 12:38
Smart money moves in
Reply0
CryptoAdventurer
· 06-12 12:35
Entering a position just makes it fall through the floor.
In the past 12 hours, the BTC market has seen notable capital movement, with institutional large orders amounting to $241 million in purchases, while sales only reached $124 million, resulting in a net buying volume of up to $117 million. Particularly noteworthy is the $45.28 million large order transaction that occurred at 12:36 AM, indicating that capital is strategically positioning itself at critical price levels.
Although the short-term chart shows a three consecutive downtrend, the consistency at the bottom of the candlestick indicates that there is support strength below. In terms of technical indicators, the KDJ has entered the oversold area, which is usually a precursor to a potential market rebound.
However, there are also potential risk factors in the current market. The trading volume has decreased by more than 50% compared to usual, which indicates a lack of following power in the market. Even if the main funds push the price upward, it may be difficult to maintain long-term upward momentum.
In such a complex and ever-changing market environment, it is crucial to avoid blindly chasing highs and cutting losses. Investors are advised to focus on the combination of fundamental factors and technical indicators to make rational judgments about market direction. Recent CPI data and other macroeconomic indicators will also have a significant impact on short-term market trends.