$NIL | Market Scenario and Confirmation Conditions

Reading: Activity of large holders is unusual, and the price response is neutral.

Key Evidence: 36 large trades were observed. The trade pressure is leaning towards sellers by 0 value. Reference price is 0.1307 USDT. Futures contracts are trading at a premium over the spot market of about 0.08%.

Confirmation Condition: Continued large trades along with price movement.

When does the reading weaken? When it is absorbed without any price progress.

Confidence Level: High, and the reading remains conditional on the continued availability of the same data.

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