For those tracking fund flows, take a look: $Q surged 7.76% in 1 hour.
To figure out who's buying, I’d watch two things first:
· Are there clusters of aggressive buy orders during the rally?
· Once the price moves higher, do large sell orders start hitting the market?
For reference: 24h trading volume was $967 million, up 34.47% over 24h. If the first condition holds and the second doesn’t, then this rally is genuinely being driven by buyers.
#Q
To figure out who's buying, I’d watch two things first:
· Are there clusters of aggressive buy orders during the rally?
· Once the price moves higher, do large sell orders start hitting the market?
For reference: 24h trading volume was $967 million, up 34.47% over 24h. If the first condition holds and the second doesn’t, then this rally is genuinely being driven by buyers.
#Q