30,000 BTC transferred to Binance Exchange. For such data, it can be confirmed that the purpose is to sell for cash. The sudden excess selling pressure seriously interfered with Medal's expectations for BTC prices. It is recommended that everyone reduce or clear positions. According to the amount of data, under normal circumstances, it can cause a decline of more than 10,000 points, that is, the lowest point is more likely to be lower than 50,000 points.
Regarding short-term fluctuations, it is actually difficult to judge, because historically, after entering the market after a large amount of selling pressure, people do not sell quickly at the first time. Some people lure in more and then sell, and some people sell directly. Usually, the action is taken within 48 hours, causing a continuous decline.
BTC involves many institutions, individuals, companies, and organizations. It is the most dispersed currency and the most difficult to control. During this period, different teams may need to sell BTC for cash due to different judgments or dilemmas, causing the price to change trend in the short term. Therefore, we need to make a comprehensive judgment based on the data.
Pay attention to the medal, obtain important data at the first time, and adjust the direction and position in time.#BTC☀ 
