$ACE The one-hour成交 amount is amplified to 2.91 times the 24h average. Yet the buy/sell ratio is only 0.922, and within 15 minutes it drops further to 0.834— the order book volume is pushed up, but buyers didn’t get a better deal!

24h is up 9.285%, latest at 0.2152. The one-hour holding value increases only 1.07% to 8.58 million. Price rises and the position value only increases slightly—while the fee rate is up by 0.005%, and longs are not crowded. Despite the increased volume, it’s seller-initiated order consumption that dominates. Chasing higher looks more like being pinned down by sell pressure.

Only once it holds above 0.2123 one hour ago, and the buy/sell ratio is back above 1, can it be considered to have truly caught support. If it falls back below that level, then this surge in volume is effectively distribution.

#ACE