Liquidity across the altcoin market is ice-cold, yet $NEAR’s daily trading volume has stayed firmly above $200 million.
More intriguing than the volume is the price action: it rallies against the trend when the broader market falls, catches up on the downside when the broader market stabilizes, and quickly snaps back even if it breaks below its range near the highs. This tactic of clinging to high-level consolidation and forcing turnover to digest supply looks remarkably like the buildup before ZEC launched its second major uptrend.
The quieter the market, the more telling the huge countertrend volume becomes. The ability to continuously absorb this turnover, with price breaking down only to instantly recover, makes the market makers’ intention to shake out weak hands plain to see.
#比特币反弹至8.3万美元 #NEAR $NEAR
#RLC $RLC
#比特币反弹至8.3万美元
👇
More intriguing than the volume is the price action: it rallies against the trend when the broader market falls, catches up on the downside when the broader market stabilizes, and quickly snaps back even if it breaks below its range near the highs. This tactic of clinging to high-level consolidation and forcing turnover to digest supply looks remarkably like the buildup before ZEC launched its second major uptrend.
The quieter the market, the more telling the huge countertrend volume becomes. The ability to continuously absorb this turnover, with price breaking down only to instantly recover, makes the market makers’ intention to shake out weak hands plain to see.
#比特币反弹至8.3万美元 #NEAR $NEAR
#RLC $RLC
#比特币反弹至8.3万美元
👇