A capital perspective: “Sky’s total value locked fell 15% in one week”
People on the Square are discussing the relationship between buzz and trading volume. I’ve observed three scenarios:
High buzz + rising trading volume: capital is genuinely participating, so the buzz is sustainable
High buzz + flat trading volume: it’s just lively in the comments, and will soon fade
High buzz + weakening prices: there’s probably disagreement in the discussion; watch to see whether buyers step in at lower levels
$SKY Current 24h trading volume: $623,000, 24h -0.31%. Which scenario do you think this is?
#SKY
People on the Square are discussing the relationship between buzz and trading volume. I’ve observed three scenarios:
High buzz + rising trading volume: capital is genuinely participating, so the buzz is sustainable
High buzz + flat trading volume: it’s just lively in the comments, and will soon fade
High buzz + weakening prices: there’s probably disagreement in the discussion; watch to see whether buyers step in at lower levels
$SKY Current 24h trading volume: $623,000, 24h -0.31%. Which scenario do you think this is?
#SKY