Follow the money, not the talk: $CAP 5-minute surge of 8.44%
To figure out who's buying, I look at two things first:
· Whether there are clusters of aggressive buy orders during the surge
· Whether large sell orders start appearing once the price reaches a high
For comparison: 24h trading volume is $13.66 million, up 14.91% in 24h. The first condition holds, but the second doesn't—only then can we say this rally is being driven by buying pressure.
#CAP
To figure out who's buying, I look at two things first:
· Whether there are clusters of aggressive buy orders during the surge
· Whether large sell orders start appearing once the price reaches a high
For comparison: 24h trading volume is $13.66 million, up 14.91% in 24h. The first condition holds, but the second doesn't—only then can we say this rally is being driven by buying pressure.
#CAP