Last night, BTC re-established itself on the EMA24 moving average in a 45-minute custom cycle, and then hit 67,990 in one go. However, above 67,000, the main force traded over $122 million in sell orders, and the selling pressure increased sharply, causing BTC to plummet by 4.7%.
According to the tracking of the main large orders, when BTC fell and approached the support area, the main force quickly stepped in to protect the market, and traded $101 million in buy orders in the range of 64,800-65,600, and many large orders lasted less than 15 minutes. After the intensive buy orders were traded, BTC stood firm on the support and returned to 67,000.
According to the liquidation strategy tracking, when BTC hit the high point and fell back last night, the liquidation reversal signal was triggered. Please see the accompanying picture for details.