A breakout needs volume to back it up. Breakouts on low volume often fall back into the range.
Take this example: Morgan Stanley’s MSOL saw net inflows of $1.8 million over the past 20 days, while Fidelity’s FSOL sold $1.8 million worth of SOL in a single day.
What the big players think is secondary; price action is the most honest indicator.
$SOL 。
#SOL
Take this example: Morgan Stanley’s MSOL saw net inflows of $1.8 million over the past 20 days, while Fidelity’s FSOL sold $1.8 million worth of SOL in a single day.
What the big players think is secondary; price action is the most honest indicator.
$SOL 。
#SOL