🐋 If you’re watching the money flows, take a look: $BTW , up 5.04% in 1 hour
To figure out who’s buying, I’d first watch two things:
· Are there continuous aggressive buy orders during the rally?
· Once the price moves higher, do large sell orders start hitting the market?
For reference: 24h trading volume is $737 million, up 21.77% over 24h. Only if the first condition holds and the second doesn’t can this move be considered genuinely driven by buying pressure.
#BTW
To figure out who’s buying, I’d first watch two things:
· Are there continuous aggressive buy orders during the rally?
· Once the price moves higher, do large sell orders start hitting the market?
For reference: 24h trading volume is $737 million, up 21.77% over 24h. Only if the first condition holds and the second doesn’t can this move be considered genuinely driven by buying pressure.
#BTW