For those tracking fund flows: $BTW plunged 7.04% in 1 hour.
To figure out who's selling, I’d first watch for two things:
· Are there consecutive large sell orders during the decline?
· Are there large buy orders stepping in after the price drops?
For reference: 24h trading volume was $44.98 million, and the 24h change was -18.89%. If both conditions hold, it’s probably just a change of hands; if only the first does, watch out for further selling pressure.
To figure out who's selling, I’d first watch for two things:
· Are there consecutive large sell orders during the decline?
· Are there large buy orders stepping in after the price drops?
For reference: 24h trading volume was $44.98 million, and the 24h change was -18.89%. If both conditions hold, it’s probably just a change of hands; if only the first does, watch out for further selling pressure.
