$SOL 24 hours is still up +2.57%, with the current price at 103.09 USDT. At first glance, that doesn't look bad.
But zoom in on the time windows, and things look less heated. In the latest completed 5-minute candlestick, spot rose from 103.01 to 103.06, up 0.0485%; the previous completed 15-minute candle was down 0.1163%.
Trading has cooled off too: volume was around 4.44 million USDT in the latest completed hour, compared with 11.93 million USDT in the hour before that—a drop of more than 60%. That only tells us trading activity has slowed; the direction is another matter.
I can't really tell from these time windows alone how much of the 24-hour gain had already happened earlier.
But zoom in on the time windows, and things look less heated. In the latest completed 5-minute candlestick, spot rose from 103.01 to 103.06, up 0.0485%; the previous completed 15-minute candle was down 0.1163%.
Trading has cooled off too: volume was around 4.44 million USDT in the latest completed hour, compared with 11.93 million USDT in the hour before that—a drop of more than 60%. That only tells us trading activity has slowed; the direction is another matter.
I can't really tell from these time windows alone how much of the 24-hour gain had already happened earlier.
