$BILL 1 hours turnover amount is 3.25x the 24h average, but the price only moved from 0.01362 to 0.0139—volume first blew up, but the price didn’t catch up!
Open position value rose 7.4% to 3.11 million; price and positions both increased, as if it were like a fresh entry. But the aggressive buy/sell ratio is 1.005—almost a 50/50 split. After flipping hands, the last 15 minutes fell to 0.722, turning the order-taking into the seller moving first. Fees +0.0108%; the longs are slightly crowded.
Unless it drops back below 0.01362, the position size is still building. It can’t break above the 24h high of 0.01423, and the buy/sell ratio can’t return above 1. This 3x volume is just turnover, not an offensive move.
#BILL
Open position value rose 7.4% to 3.11 million; price and positions both increased, as if it were like a fresh entry. But the aggressive buy/sell ratio is 1.005—almost a 50/50 split. After flipping hands, the last 15 minutes fell to 0.722, turning the order-taking into the seller moving first. Fees +0.0108%; the longs are slightly crowded.
Unless it drops back below 0.01362, the position size is still building. It can’t break above the 24h high of 0.01423, and the buy/sell ratio can’t return above 1. This 3x volume is just turnover, not an offensive move.
#BILL
