🐋 Capital is voting with its feet:
$JCT 5-minute surge of +3.48%, current price 0.002294, 24h trading volume of $226 million.
What does the funding picture tell us?
· The gains were concentrated in just 5 minutes, suggesting aggressive buying was highly concentrated
· It's still down -38.02% over 24h, which looks more like short-term capital
· Watch whether large orders keep coming in; if they don't, gains could easily be given back
Feel free to discuss in the comments.
$JCT 5-minute surge of +3.48%, current price 0.002294, 24h trading volume of $226 million.
What does the funding picture tell us?
· The gains were concentrated in just 5 minutes, suggesting aggressive buying was highly concentrated
· It's still down -38.02% over 24h, which looks more like short-term capital
· Watch whether large orders keep coming in; if they don't, gains could easily be given back
Feel free to discuss in the comments.