#BTC whales sweep up over $900 million#

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Hot Topic Overview

Overview

Recently, major BTC whales have swept up over $900 million in the past 24 hours, with a net buy 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. Technically, BTC has formed a narrow upward channel in the 45-minute cycle and is approaching the EMA52 resistance (level: $93,925). Although the MACD indicator continues to diverge, it remains below the zero axis, and a pullback risk should be guarded against. The upper resistance is at $95,000, and 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, major BTC whales have swept up over $900 million in the past 24 hours, with a net buy of $267 million. This includes $591 million in buy orders at an average price of $92,871.51 and $324 million in sell orders at an average price of $93,093.15. Technically, BTC has formed a narrow upward channel on the 45-minute timeframe and is approaching the EMA52 resistance (at $93,925). Although the MACD indicator shows a continuous divergence, it remains below the zero axis, indicating a potential risk of a pullback. Resistance is at $95,000, while 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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Classic Views

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

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BTC price is approaching the EMA52 resistance, technical analysis shows a risk of pullback

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BTC price formed a narrow upward channel in the 45-minute cycle, and is expected to continue to rise in the short term

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BTC resistance above is at 95,000 USD, support below is at 91,205 USD

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