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AiCoin中文|Feb 13, 2025 05:31
Editor's share: Binance major players' bottom buying helps BTC rebound by over 4%, with 98000 facing massive selling pressure
At present, BTC is in a period of interval oscillation, with obvious signs of large-scale trading. The support level of 94000 has been verified, while 98000, as the main distribution point in the near future, constitutes strong resistance.
94000: Last night, BTC fell sharply due to unexpected CPI data, and Binance's main force made a strong bottom cut of $30.91 million. BTC was able to hold onto the 94000 support and quickly rebounded by over 4%;
98000: When BTC rebounded and hit this level in the morning, Binance major traders followed suit and sold 7.04 million US dollars. At the same time, the price formed an upward hanging line and peaked, leading to a short-term decline.
Editor's reminder: There is significant pressure in the range of 98000~98500, and if BTC cannot break through this range, there is still a risk of correction; If the volume breaks through, it is expected to sprint towards 100000!
The data is sourced from PRO's main large orders, for reference only, and does not constitute any investment advice
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