Pay attention when tracking funds: $ETH 15 minutes sharp drop 1.24%
To judge the quality of sell orders, I usually watch two details first:
· During the decline, are there consecutive aggressive sell orders?
· After the price is smashed down to the low, is there large buy-side support?
Comparison: 24h trading volume is $812 million, 24h -2.79%. If both conditions are met, it’s likely just a washout; if only the first one is met, be careful—there may still be another leg.
#ETH
This does not constitute any investment advice; risks are yours to bear.
To judge the quality of sell orders, I usually watch two details first:
· During the decline, are there consecutive aggressive sell orders?
· After the price is smashed down to the low, is there large buy-side support?
Comparison: 24h trading volume is $812 million, 24h -2.79%. If both conditions are met, it’s likely just a washout; if only the first one is met, be careful—there may still be another leg.
#ETH
This does not constitute any investment advice; risks are yours to bear.