Watch the money, not the talk:
$BTW 5-minute surge of +6.46%, current price 2.4912, 24h trading volume of $616 million.
What does the flow of funds tell us?
· The gains were concentrated in just 5 minutes, suggesting aggressive buying was highly concentrated
· The 24h change is also +32.11%, indicating a consistent flow of funds
· Next, watch whether large orders follow through; if they don’t, the gains could easily be given back
How do you usually handle this kind of situation?
$BTW 5-minute surge of +6.46%, current price 2.4912, 24h trading volume of $616 million.
What does the flow of funds tell us?
· The gains were concentrated in just 5 minutes, suggesting aggressive buying was highly concentrated
· The 24h change is also +32.11%, indicating a consistent flow of funds
· Next, watch whether large orders follow through; if they don’t, the gains could easily be given back
How do you usually handle this kind of situation?