From a market positioning perspective: a sharp 22.26% surge over $KGEN 1 hours
To figure out who's buying, I’d first watch two things:
· Whether there are clusters of aggressive buy orders during the rally
· Whether large sell orders start hitting the market once the price reaches higher levels
For reference: 24h trading volume is $123 million, up 55.48% over 24h. The first condition is met and the second isn’t—that’s when this rally can be considered supported by capital.
Crypto assets are volatile, so don’t take on too large a position.
To figure out who's buying, I’d first watch two things:
· Whether there are clusters of aggressive buy orders during the rally
· Whether large sell orders start hitting the market once the price reaches higher levels
For reference: 24h trading volume is $123 million, up 55.48% over 24h. The first condition is met and the second isn’t—that’s when this rally can be considered supported by capital.
Crypto assets are volatile, so don’t take on too large a position.