Data: Binance net inflow of 34.5712 million USDT over the past hour
Large capital flows are commonly interpreted in three ways:
① Allocation: quarterly allocation, with little attention to intraday price movements;
② Rebalancing: position adjustments, which don't necessarily signal bullishness;
③ Trading: short-term moves, getting in and out quickly.
This looks more like type ①, providing more support for the price than driving it higher.
$BNB latest 750.58, 24h +2.03%. Pay more attention to trading volume and less to what people say to avoid plenty of pitfalls.
#BNB
Large capital flows are commonly interpreted in three ways:
① Allocation: quarterly allocation, with little attention to intraday price movements;
② Rebalancing: position adjustments, which don't necessarily signal bullishness;
③ Trading: short-term moves, getting in and out quickly.
This looks more like type ①, providing more support for the price than driving it higher.
$BNB latest 750.58, 24h +2.03%. Pay more attention to trading volume and less to what people say to avoid plenty of pitfalls.
#BNB