Where the money is going: for today’s big green candle, I’m only looking at the flows.
Today’s volume on AMD is interesting, but the structure isn’t confirmed yet, so I’m not betting on a direction. The current price is 589.7, up +6.23%, with $480 million in trading volume, just 0.9% below the 24-hour high.
Two reasons are enough. The active buy/sell ratio is 1.181, with active buy orders clearly dominant, suggesting short-term strength, but it’s not confirmed yet. Open interest is up 7.6% over 1 hour and 48.7% over 3 hours. New money is coming in as the price rises, and open interest has reached $45.5 million. So this looks like a high-volume breakout, not a fake pump, but the structure is only slightly bullish—not confirmed yet. Across the entire TradFi sector, only 30.1% of 236 coins are up, with an average change of -2.1%. Today, this one is moving against the sector.
I’m watching the key levels closely: a drop below 578.24 means the money that came in during this move is underwater, so I’ll turn bearish; only a break above 594.78 confirms the breakout, so I’ll turn bullish. In between, the direction is unclear, so I’m staying out. To change my view, I need to see the price move above 594.78 and open interest recover along with it.
No trading calls or promises of returns—just laying out the flow of funds for you to see.
— Where the Money Flows · Today’s post #1. See you in the next one.
Where the Money Flows｜What’s your take on this move? Share a thought in the comments, and I’ll check back tomorrow. Follow me by tapping my profile picture to keep up.
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