Fund flow tracking: $CYBER surged 10.88% in 1 hour
To assess the strength of the buying pressure, I’d first watch for two things:
· Whether there are sustained aggressive buy orders during the rally
· Whether large sell orders come in to push the price down after it reaches a high
For comparison: 24h trading volume was $6.07 million, up 37.35% over 24h. Only if the first is present and the second is absent can we say this rally is being driven by capital inflows.
To assess the strength of the buying pressure, I’d first watch for two things:
· Whether there are sustained aggressive buy orders during the rally
· Whether large sell orders come in to push the price down after it reaches a high
For comparison: 24h trading volume was $6.07 million, up 37.35% over 24h. Only if the first is present and the second is absent can we say this rally is being driven by capital inflows.