From a holdings perspective:
$JCT 5-minute drop of 5.85%, current price 0.006075, 24h trading volume of $572 million.
How do the capital flows look?
· The decline was concentrated in just 5 minutes, suggesting heavy selling was highly concentrated
· The 24h change is also -24.76%, with holdings generally flowing out
· Next, watch for large buy orders stepping in at the lows. If they can't absorb the selling, the price may test lower levels again
How do you interpret this?
$JCT 5-minute drop of 5.85%, current price 0.006075, 24h trading volume of $572 million.
How do the capital flows look?
· The decline was concentrated in just 5 minutes, suggesting heavy selling was highly concentrated
· The 24h change is also -24.76%, with holdings generally flowing out
· Next, watch for large buy orders stepping in at the lows. If they can't absorb the selling, the price may test lower levels again
How do you interpret this?