A 24-Hour Range Shows Risk, Not Direction
Today's range is useful context—but it cannot tell us where price goes next.
At 13:01:07 BDT, Binance spot pairs' rolling 24-hour high-to-low spans were 1,711.08–1,919.76 USDT for ETH (12.20% of its low), 62,006.00–67,523.05 for BTC (8.90%), and 566.00–620.84 for BNB (9.69%). Among these three, ETH covered the widest band.
These are observed ranges, not forecasts. When ranges widen, how do you adjust the risk you are willing to take?
Source: Binance Spot API documentation, 24-hour ticker statistics: https://developers.binance.com/docs/binance-spot-api-docs/rest-api/market-data-endpoints#24hr-ticker-price-change-statistics
Market watch:
#MarketAnalysis #CryptoMarkets #RiskManagement
Today's range is useful context—but it cannot tell us where price goes next.
At 13:01:07 BDT, Binance spot pairs' rolling 24-hour high-to-low spans were 1,711.08–1,919.76 USDT for ETH (12.20% of its low), 62,006.00–67,523.05 for BTC (8.90%), and 566.00–620.84 for BNB (9.69%). Among these three, ETH covered the widest band.
These are observed ranges, not forecasts. When ranges widen, how do you adjust the risk you are willing to take?
Source: Binance Spot API documentation, 24-hour ticker statistics: https://developers.binance.com/docs/binance-spot-api-docs/rest-api/market-data-endpoints#24hr-ticker-price-change-statistics
Market watch:
#MarketAnalysis #CryptoMarkets #RiskManagement