🐋 Things to watch when monitoring the order book: $TA 5 minutes of a drop -3.24%
To judge who is selling, I’ll first watch two details:
· During the decline, are there consecutive large sell orders
· After it drops to the lower level, are large orders getting picked up
Reference: 24h trading volume is $62.70M, 24h -22.26%. Both conditions are met, it’s mostly just rotation; if only the first condition is met, be alert—there may be further selling pressure.
#TA
Crypto markets are highly volatile, so please watch your risk.
To judge who is selling, I’ll first watch two details:
· During the decline, are there consecutive large sell orders
· After it drops to the lower level, are large orders getting picked up
Reference: 24h trading volume is $62.70M, 24h -22.26%. Both conditions are met, it’s mostly just rotation; if only the first condition is met, be alert—there may be further selling pressure.
#TA
Crypto markets are highly volatile, so please watch your risk.