Crypto Accumulation Radar — October 7
The broader market is in the red today: BTC is down 1.8% and ETH is down 3.4%, but smart money is quietly making moves!
Key accumulation signals:
FLOCK: 38.8x volume ratio—an alarming spike in activity, yet the price has barely moved. A classic sign that someone may be quietly buying up tokens.
MANTRA: 20.5x volume ratio. A veteran in the RWA space, and there’s clearly money positioning at this price level.
ASML: 7.4x volume ratio, tied to the semiconductor tokenization narrative.
RAVE: 5.2x volume ratio
COLLECT: 4.8x volume ratio
My take: Market weakness is when the real opportunities emerge. Tokens like FLOCK and MANTRA, with volume ratios above 20x, deserve close attention. But don’t go all in right away—first, see whether the price can hold above its previous low. Add to your position only after the direction is confirmed.
Noise alert: The volume ratios for ONE, BABA, and GOOGL may look intriguing, but they’re being driven by pre-market U.S. stock activity, not native crypto-market capital. Skip them.
Do you think this is a bottom forming on high volume, or a bull trap? Let’s discuss in the comments.
The Shennong Notes team will continue sharing market and token analysis based on data, helping you avoid trading on gut feeling. Follow us for daily updates!
The broader market is in the red today: BTC is down 1.8% and ETH is down 3.4%, but smart money is quietly making moves!
Key accumulation signals:
FLOCK: 38.8x volume ratio—an alarming spike in activity, yet the price has barely moved. A classic sign that someone may be quietly buying up tokens.
MANTRA: 20.5x volume ratio. A veteran in the RWA space, and there’s clearly money positioning at this price level.
ASML: 7.4x volume ratio, tied to the semiconductor tokenization narrative.
RAVE: 5.2x volume ratio
COLLECT: 4.8x volume ratio
My take: Market weakness is when the real opportunities emerge. Tokens like FLOCK and MANTRA, with volume ratios above 20x, deserve close attention. But don’t go all in right away—first, see whether the price can hold above its previous low. Add to your position only after the direction is confirmed.
Noise alert: The volume ratios for ONE, BABA, and GOOGL may look intriguing, but they’re being driven by pre-market U.S. stock activity, not native crypto-market capital. Skip them.
Do you think this is a bottom forming on high volume, or a bull trap? Let’s discuss in the comments.
The Shennong Notes team will continue sharing market and token analysis based on data, helping you avoid trading on gut feeling. Follow us for daily updates!