Follow the money, not the talk: $JCT 1-hour spike of 8.67%
To judge the quality of buying pressure, I first look at two things:
· Whether there are clusters of large orders during the rally
· Whether large orders are being sold after the price rises
Reference: 24h trading volume was $206 million, up 93.67% over 24h. If the first condition holds and the second does not, then this rally is truly backed by capital.
To judge the quality of buying pressure, I first look at two things:
· Whether there are clusters of large orders during the rally
· Whether large orders are being sold after the price rises
Reference: 24h trading volume was $206 million, up 93.67% over 24h. If the first condition holds and the second does not, then this rally is truly backed by capital.
