🐋 Money is voting with its feet: a sharp 3.81% surge in $BTW 5 minutes
To judge the quality of the buying, I’d first watch two things:
· Whether large orders come in waves during the rally
· Whether large orders start dumping once the price reaches a high
For comparison: 24h trading volume is $210 million, down 14.59% over 24h. If the first condition holds and the second doesn’t, then this rally is genuinely backed by money.
#BTW
To judge the quality of the buying, I’d first watch two things:
· Whether large orders come in waves during the rally
· Whether large orders start dumping once the price reaches a high
For comparison: 24h trading volume is $210 million, down 14.59% over 24h. If the first condition holds and the second doesn’t, then this rally is genuinely backed by money.
#BTW