#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 purchase of $267 million, indicating strong market demand for BTC. 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 in the 45-minute cycle and is approaching the EMA52 resistance, but the MACD indicator is still below the zero axis, so beware of the risk of a pullback. The upper resistance is at $95,000, and the lower support is at $91,205. It is important to note that large-order 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, indicating strong confidence in BTC. 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. Technical analysis shows that 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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