ONE's rally is not getting stronger. It is getting more expensive.
First six hours: 3.1 million for 20.9 points, about 0.15 million a point. Last six: 10.8 million for 9.3 points, about 1.15 million. Same $ONE , seven times the cost per point.
Three free checks:
1. Hourly bars. Divide each bar's volume by its percentage move. A rising divisor means late buyers absorb supply, not lead it.
2. Order book inside one percent. $ONE has 48.5K of bids, $ZEC has 2.21M. Forty-five times less cushion beneath the same exit.
3. Perp funding. $ONE sits at minus 0.0164% while price prints highs. Crowded side is short: no leverage blow-off, no forced-buy floor.
$BTC absorbed 840 million and sits at 75,971. The dollars are elsewhere.
Cheap points come from early buyers. Expensive points come from late ones.
Waiting, not shorting. I flip bullish if the next six hours buy 9.3 points on 10.8 million or less.
Data as of today. Not financial advice.
Accumulation ahead of a headline, or distribution into a book that cannot hold it?
#JobsReportRaisesHikeOdds #BinanceSquare #Altcoins
First six hours: 3.1 million for 20.9 points, about 0.15 million a point. Last six: 10.8 million for 9.3 points, about 1.15 million. Same $ONE , seven times the cost per point.
Three free checks:
1. Hourly bars. Divide each bar's volume by its percentage move. A rising divisor means late buyers absorb supply, not lead it.
2. Order book inside one percent. $ONE has 48.5K of bids, $ZEC has 2.21M. Forty-five times less cushion beneath the same exit.
3. Perp funding. $ONE sits at minus 0.0164% while price prints highs. Crowded side is short: no leverage blow-off, no forced-buy floor.
$BTC absorbed 840 million and sits at 75,971. The dollars are elsewhere.
Cheap points come from early buyers. Expensive points come from late ones.
Waiting, not shorting. I flip bullish if the next six hours buy 9.3 points on 10.8 million or less.
Data as of today. Not financial advice.
Accumulation ahead of a headline, or distribution into a book that cannot hold it?
#JobsReportRaisesHikeOdds #BinanceSquare #Altcoins
