Last night at 20:38, AICoin alerted that the main force had placed buy orders for over a billion US dollars, and the pending orders would attract a lower price before being executed. As of 03:35 this morning, a buy order of 175 million US dollars attracted a 4.64% decline in BTC.
According to the usage of large orders, after the buy order is executed, it will form support and help the price rebound. After a buy order of 173 million US dollars was executed, BTC rose by 2.96%.
It is worth noting that during the decline of BTC, the main force continued to place buy orders, indicating that large holders are bearish and expect to execute pending orders at lower prices.
The main force large order function supports the intuitive display of large pending orders and the intensity of smashing on the candlestick chart, with the following usage:
Main force buy order: Before execution, bearish (pending order to be executed as the price falls); after execution, forms support, bullish
Main force sell order: Before execution, bullish (price needs to rise for the pending order to be executed); after execution, converts to resistance, bearish
Experience now: https://www.aicoin.com/vip/chartpro?purchase=1
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