$APR: Prices are rising, but nobody is actively chasing the price.
From 0.1811 to 0.2079, that’s a 12.4% move.
But the active buy orders—meaning the portion that’s truly chasing and buying the price—have a buy/sell ratio of only 0.87.
Not even 1.
In other words: prices are rising, but nobody is actively chasing.
So who is pushing the price?
There are two possibilities.
First:
Sellers are canceling orders; the buy side isn’t increasing, but the price is being lifted passively.
This kind of rise won’t hold.
Second:
There are large orders gradually propping up the price, waiting for retail buyers to chase in before unloading.
This kind of rise is more dangerous.
Right now, I’m only watching one thing:
Whether the buy side is truly catching up.
If after a breakout above 0.2080, active buy orders start increasing noticeably → the uptrend may be real.
If it surges to around 0.2080 but the buy side still can’t come up → the risk of a false breakout is very high.
As long as volume hasn’t caught up, I won’t chase.
Click the small card below to quickly check the market conditions 👇
From 0.1811 to 0.2079, that’s a 12.4% move.
But the active buy orders—meaning the portion that’s truly chasing and buying the price—have a buy/sell ratio of only 0.87.
Not even 1.
In other words: prices are rising, but nobody is actively chasing.
So who is pushing the price?
There are two possibilities.
First:
Sellers are canceling orders; the buy side isn’t increasing, but the price is being lifted passively.
This kind of rise won’t hold.
Second:
There are large orders gradually propping up the price, waiting for retail buyers to chase in before unloading.
This kind of rise is more dangerous.
Right now, I’m only watching one thing:
Whether the buy side is truly catching up.
If after a breakout above 0.2080, active buy orders start increasing noticeably → the uptrend may be real.
If it surges to around 0.2080 but the buy side still can’t come up → the risk of a false breakout is very high.
As long as volume hasn’t caught up, I won’t chase.
Click the small card below to quickly check the market conditions 👇