$DOS: What I’m most afraid of isn’t that it won’t rise—it’s a rise like this with no buy orders behind it.
From 0.2235 up to 0.2654, that’s a move of 17.5%.
But the active buy orders—meaning the portion that truly chases the price to buy—have a buy/sell ratio of only 0.89.
Not even 1.
In other words: the price is rising, but nobody is actively chasing the price.
So who’s pushing the price?
There are two possibilities.
First:
The seller is withdrawing orders. Buy orders aren’t increasing, but the price is being pushed up passively.
This kind of rise won’t hold.
Second:
There are large orders slowly propping up the price, waiting for retail traders to chase in before distributing (selling).
This kind of rise is even more dangerous.
Right now, I only watch one thing:
Whether the buy orders truly catch up.
If after a break above 0.2710, active buy orders start increasing noticeably → the uptrend may be real.
If it spikes near 0.2710 but buy orders still can’t catch up → the risk of a fake breakout is very high.
Until the volume catches up, I won’t chase.
Click the small card below to quickly check the market👇
From 0.2235 up to 0.2654, that’s a move of 17.5%.
But the active buy orders—meaning the portion that truly chases the price to buy—have a buy/sell ratio of only 0.89.
Not even 1.
In other words: the price is rising, but nobody is actively chasing the price.
So who’s pushing the price?
There are two possibilities.
First:
The seller is withdrawing orders. Buy orders aren’t increasing, but the price is being pushed up passively.
This kind of rise won’t hold.
Second:
There are large orders slowly propping up the price, waiting for retail traders to chase in before distributing (selling).
This kind of rise is even more dangerous.
Right now, I only watch one thing:
Whether the buy orders truly catch up.
If after a break above 0.2710, active buy orders start increasing noticeably → the uptrend may be real.
If it spikes near 0.2710 but buy orders still can’t catch up → the risk of a fake breakout is very high.
Until the volume catches up, I won’t chase.
Click the small card below to quickly check the market👇