The deeper the pullback, the more sharply volume on the 5-day line contracts.
Many people mistake a slow decline for a weakening trend, but I’m more focused on this divergence: prices are retreating while volume continues to shrink. If large investors were really panic-selling, the key $82,500 support level that has held since mid-September would have been smashed through already, rather than continuing to attract buyers here.
A decline without a corresponding surge in volume shows that there simply isn’t any substantial wave of selling in the market. Support hasn’t broken, and selling pressure has dried up first. Treating a low-volume pullback as a crash and panic-selling would be rather premature.
#STRK24小时上涨约20% #BTC $BTC
#US $US
#STRK24小时上涨约20%
👇
Many people mistake a slow decline for a weakening trend, but I’m more focused on this divergence: prices are retreating while volume continues to shrink. If large investors were really panic-selling, the key $82,500 support level that has held since mid-September would have been smashed through already, rather than continuing to attract buyers here.
A decline without a corresponding surge in volume shows that there simply isn’t any substantial wave of selling in the market. Support hasn’t broken, and selling pressure has dried up first. Treating a low-volume pullback as a crash and panic-selling would be rather premature.
#STRK24小时上涨约20% #BTC $BTC
#US $US
#STRK24小时上涨约20%
👇