Capital is voting with its feet:
$TRUTH Hourly plunge of 7.23%; current price 0.01985, with 24-hour trading volume of $166 million.
What can we tell from the flow of funds?
The losses are concentrated in a short one-hour window, suggesting heavy selling was concentrated
The 24-hour change is also -9.29%, indicating that holders are broadly pulling out
Next, watch to see whether buyers step in at lower levels. If they don't, the price could test lower levels again
Anyone who's looked into this care to add their thoughts?
#TRUTH
I often get it wrong too, so don't take this as advice.
$TRUTH Hourly plunge of 7.23%; current price 0.01985, with 24-hour trading volume of $166 million.
What can we tell from the flow of funds?
The losses are concentrated in a short one-hour window, suggesting heavy selling was concentrated
The 24-hour change is also -9.29%, indicating that holders are broadly pulling out
Next, watch to see whether buyers step in at lower levels. If they don't, the price could test lower levels again
Anyone who's looked into this care to add their thoughts?
#TRUTH
I often get it wrong too, so don't take this as advice.