Chip flows are shifting: a 2.7% surge in $SAND 5 minutes
To assess the strength of buying pressure, I usually watch two things first:
· Whether there are consecutive aggressive buy orders during the rally
· Whether large sell orders start hitting the market once the price moves higher
For reference: 24h trading volume is $6.8 million, up 11.14% over 24h. The first is present and the second isn’t—that’s when you can say this rally is being driven by real capital.
To assess the strength of buying pressure, I usually watch two things first:
· Whether there are consecutive aggressive buy orders during the rally
· Whether large sell orders start hitting the market once the price moves higher
For reference: 24h trading volume is $6.8 million, up 11.14% over 24h. The first is present and the second isn’t—that’s when you can say this rally is being driven by real capital.