Glassnode: Altcoin trading volume has returned to normal, after the speculative boom coincided with BTC’s interim peak
$BTC is now 74655.29, down 0.28% over 24 hours. Next, watch two things: whether trading volume picks up and whether the price can hold steady. The directional signal isn’t strong, so just note it as a clue. I make a habit of marking the time news comes out on the intraday chart, then comparing the changes afterward.
It’s your money, so you decide.
$BTC is now 74655.29, down 0.28% over 24 hours. Next, watch two things: whether trading volume picks up and whether the price can hold steady. The directional signal isn’t strong, so just note it as a clue. I make a habit of marking the time news comes out on the intraday chart, then comparing the changes afterward.
It’s your money, so you decide.