#BTC whales sweep up over $900 million#

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Hot Topic Overview

Overview

Recently, Bitcoin whales have bought over $900 million in the past 24 hours, with a net purchase of $267 million. This includes $591 million in buy orders and $324 million in sell orders. Technically, Bitcoin has formed a narrow upward channel in the 45-minute cycle and is approaching the EMA52 resistance. While the MACD indicator shows continuous divergence, it remains below the zero axis, indicating a potential pullback risk. The upper resistance is at $95,000, while the lower support is at $91,205. It is important to note that whale transaction data is for reference only and does not constitute any investment advice.

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Analysis

Recently, BTC whales have swept up over $900 million, attracting market attention. Data shows that in the past 24 hours, BTC whales have placed limit orders worth $915 million, with a net purchase of $267 million. Among them, buy orders amounted to $591 million, with an average buy price of $92,871.51; sell orders amounted to $324 million, with an average sell price of $93,093.15. Technical analysis shows that BTC has formed a narrow upward channel in the 45-minute cycle and is approaching the EMA52 resistance level (price: $93,925). Meanwhile, the MACD indicator, although showing continuous divergence, remains below the zero axis, indicating a risk of a pullback. The upper resistance level is at $95,000, while the lower support level is at $91,205. It is important to note that whale transaction data is for reference only and does not constitute any investment advice.

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Classic Views

BTC main account net buy 2.67 billion USD, showing bullish sentiment for BTC

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BTC price is approaching the EMA52 average line pressure, which may become a key turning point

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MACD indicator continues to diverge, need to be wary of retracement risk

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BTC price has an upper pressure at $95,000, and the lower support is at $91,205

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