What are the whales doing? A sharp 2.18% surge in $CAP 5 minutes
To judge the strength of buying pressure, I usually watch two things first:
· Whether there are consecutive aggressive buy orders during the rally
· Whether large orders start selling once the price reaches a high
For comparison: 24h trading volume is $19.45 million, up 0.56% over 24h. The first is happening, but the second isn’t—only then can this move be considered driven by buying pressure.
Volatility is high; manage your leverage at your own discretion.
To judge the strength of buying pressure, I usually watch two things first:
· Whether there are consecutive aggressive buy orders during the rally
· Whether large orders start selling once the price reaches a high
For comparison: 24h trading volume is $19.45 million, up 0.56% over 24h. The first is happening, but the second isn’t—only then can this move be considered driven by buying pressure.
Volatility is high; manage your leverage at your own discretion.