#BTC whales sweep up over $900 million#

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Hot Topic Overview

Overview

Recently, BTC whales have swept up over $900 million, with a net buy of $267 million. Among them, buy orders amounted to $591 million, with an average buy price of $92,871.51, while sell orders amounted to $324 million, with an average sell price of $93,093.15. Technically, BTC has formed a narrow upward channel within the 45-minute timeframe and is approaching the EMA52 resistance level (at $93,925). Although the MACD indicator shows continuous divergence, it remains below the zero axis, indicating a potential 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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Analysis

Recently, BTC whales have swept up over $900 million, attracting market attention. According to statistics, within the past 24 hours, BTC large accounts have executed limit orders worth $915 million, with a net purchase of $267 million. Among them, buy orders amounted to $591 million, with an average purchase price of $92,871.51, while sell orders reached $324 million, with an average selling price of $93,093.15. Technically, BTC has formed a narrow upward channel within the 45-minute timeframe and is approaching the EMA52 resistance level (at $93,925). Meanwhile, the MACD indicator, although showing continuous divergence, remains below the zero axis, indicating a potential risk of a pullback. The upper resistance level is at $95,000, while the lower support level is at $91,205. Despite the massive whale accumulation, technical indicators suggest that BTC still faces some pressure. Investors should exercise caution and prioritize risk management.

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BTC main account holders net bought 267 million USD in the past 24 hours, showing bullish sentiment towards BTC

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BTC price is approaching the EMA52 average line pressure, need to be wary of retracement risk

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BTC may form a narrow upward channel in the short term, but the MACD indicator is still below the zero axis, need to be cautious

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BTC upper pressure is at 95,000 USD, lower support is at 91,205 USD

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