🪝 $BTC , $ETH and $SOL withdraw. But the red percentage doesn’t tell the whole story.
📊 A daily correction is better understood by looking at volume, volatility, and the macro context. A drop with low volume can have a very different interpretation than another one accompanied by strong activity and liquidations. Also, sudden moves can happen even when the close ends near the starting point.
It’s also worth looking at what happens with leverage, flows, and the macro environment before drawing conclusions. In recent sessions, for example, liquidations have had a significant impact on intraday moves.
🎯 Conclusion: a red candle shouldn’t be the only piece of data to interpret the market. Price + volume + volatility + context provide a much more complete picture.
When BTC starts falling, what do you look at first? 👀
📊 A daily correction is better understood by looking at volume, volatility, and the macro context. A drop with low volume can have a very different interpretation than another one accompanied by strong activity and liquidations. Also, sudden moves can happen even when the close ends near the starting point.
It’s also worth looking at what happens with leverage, flows, and the macro environment before drawing conclusions. In recent sessions, for example, liquidations have had a significant impact on intraday moves.
🎯 Conclusion: a red candle shouldn’t be the only piece of data to interpret the market. Price + volume + volatility + context provide a much more complete picture.
When BTC starts falling, what do you look at first? 👀
