A weekend close is not a vote. It is a headcount.
$ENA is down 4.8% on 9.8 million dollars, and 55.7% of it was sellers crossing the spread, roughly 1.1 million of net aggressive selling. One seller is still working.
Three free checks before you trust a close.
One: complete-hour dollars against the day's hourly average. $BTC's last full hour did 6.6 million against a 21.8 million average, 30% of its pace. $SOL held 86%. The empty part of this tape is Bitcoin, not altcoins.
Two: taker buy share, aggressive dollars over total. Below 50% means sellers pay the spread. ENA is 44.3% for the day, BTC 53.1%. Same tape, opposite side.
Three: dollars over trade count. ENA averages 218 per print, BTC 662. A small print moves a thin book and reverses just as fast.
I am waiting. If Monday's first hour beats 21.8 million on BTC and holds this range, I flip: then the close was a vote.
Not financial advice.
Headcount or verdict: does Monday's first hour confirm this close, or erase it? #BinanceSquare #Ethena #TradFiForBeginners
$ENA is down 4.8% on 9.8 million dollars, and 55.7% of it was sellers crossing the spread, roughly 1.1 million of net aggressive selling. One seller is still working.
Three free checks before you trust a close.
One: complete-hour dollars against the day's hourly average. $BTC's last full hour did 6.6 million against a 21.8 million average, 30% of its pace. $SOL held 86%. The empty part of this tape is Bitcoin, not altcoins.
Two: taker buy share, aggressive dollars over total. Below 50% means sellers pay the spread. ENA is 44.3% for the day, BTC 53.1%. Same tape, opposite side.
Three: dollars over trade count. ENA averages 218 per print, BTC 662. A small print moves a thin book and reverses just as fast.
I am waiting. If Monday's first hour beats 21.8 million on BTC and holds this range, I flip: then the close was a vote.
Not financial advice.
Headcount or verdict: does Monday's first hour confirm this close, or erase it? #BinanceSquare #Ethena #TradFiForBeginners
