Active Buy/Sell Radar
Don’t just look at the trading volume. Today, this set mainly checks whether the aggressive orders can push the order book.
$BTC : A market sell order keeps showing up, but the price stays flat without breaking down. This suggests that the bids below are willing to take it.
$ETH : The seller put in effort, but couldn’t push the price through. For now, look for short-term consolidation and absorption. Don’t rush to treat a level break as a definite breakdown.
$SOL : Buying orders have come in, but the price hasn’t opened up or moved noticeably. Don’t mistake an absorption order for a tailwind trend.
What’s most feared here is viewing everything at a glance as one uniform direction. It’s more reliable to break it down by assessing the aggressive orders and the price response separately.
Don’t just look at the trading volume. Today, this set mainly checks whether the aggressive orders can push the order book.
$BTC : A market sell order keeps showing up, but the price stays flat without breaking down. This suggests that the bids below are willing to take it.
$ETH : The seller put in effort, but couldn’t push the price through. For now, look for short-term consolidation and absorption. Don’t rush to treat a level break as a definite breakdown.
$SOL : Buying orders have come in, but the price hasn’t opened up or moved noticeably. Don’t mistake an absorption order for a tailwind trend.
What’s most feared here is viewing everything at a glance as one uniform direction. It’s more reliable to break it down by assessing the aggressive orders and the price response separately.
