🐳 Capital flow perspective: $BR plunged 4.75% in 15 minutes
To gauge the quality of the selling, I usually look at two details first:
· Were there clusters of large sell orders during the decline?
· Were large buy orders there to absorb the selling after the price hit a low?
For comparison: 24h trading volume was $117 million, up 21.78% over 24h. If both conditions are met, it’s probably a shakeout; if only the first is met, watch out for more selling pressure ahead.
To gauge the quality of the selling, I usually look at two details first:
· Were there clusters of large sell orders during the decline?
· Were large buy orders there to absorb the selling after the price hit a low?
For comparison: 24h trading volume was $117 million, up 21.78% over 24h. If both conditions are met, it’s probably a shakeout; if only the first is met, watch out for more selling pressure ahead.