The flow of funds is reflected, to some extent, in trading activity: a sharp 3.13% surge over $JCT 5 minutes.
To judge the quality of buying pressure, I usually look at two things first:
Are there clusters of large orders during the rise?
Are large sell orders coming in after the price reaches a high?
For comparison: 24h trading volume is $409 million, down 32.2% over 24h. If the first is true and the second isn’t, then this rally really is being driven by money flowing in.
Just sharing some thoughts—don’t take this as investment advice.
To judge the quality of buying pressure, I usually look at two things first:
Are there clusters of large orders during the rise?
Are large sell orders coming in after the price reaches a high?
For comparison: 24h trading volume is $409 million, down 32.2% over 24h. If the first is true and the second isn’t, then this rally really is being driven by money flowing in.
Just sharing some thoughts—don’t take this as investment advice.
