🐳 Capital flow perspective: $US 5-minute surge of 8.45%
To figure out who’s buying, I usually look at two things first:
· Whether there are clusters of large orders during the surge
· Whether large sell orders come in to push the price down once it reaches higher levels
For reference: 24h trading volume: $324 million; 24h change: -24.55%. If the first condition holds and the second doesn’t, then this rally is backed by capital.
#US
Just my personal opinion—not financial advice.
To figure out who’s buying, I usually look at two things first:
· Whether there are clusters of large orders during the surge
· Whether large sell orders come in to push the price down once it reaches higher levels
For reference: 24h trading volume: $324 million; 24h change: -24.55%. If the first condition holds and the second doesn’t, then this rally is backed by capital.
#US
Just my personal opinion—not financial advice.