🐳 $ARIA 4-hour death cross. Let’s take a look from the perspective of chip distribution:
The bullish momentum bars have continued for 14 consecutive 4-hour candles, which means buyers have been in control throughout this period. Now, chasing the rally is clearly losing steam. After such a run-up, many holders are sitting on profits, so watch to see whether large investors start trimming their positions in stages.
Anyone knowledgeable care to add anything?
#ARIA
Markets carry risks; trade with caution.
The bullish momentum bars have continued for 14 consecutive 4-hour candles, which means buyers have been in control throughout this period. Now, chasing the rally is clearly losing steam. After such a run-up, many holders are sitting on profits, so watch to see whether large investors start trimming their positions in stages.
Anyone knowledgeable care to add anything?
#ARIA
Markets carry risks; trade with caution.