$BTC pulled back 1.59% over the last 24 hours on Binance spot, trading at 74,660.7 USDT. Price moved between a high of 75,943.1 and a low of 73,510, generating 1,433.1M USDT in volume across 2,993,264 trades.
A range of over 2,400 USDT paired with substantial volume shows active turnover across the session rather than a low-liquidity drift.
My read: high trade counts on a down day point to active absorption of sell orders near the low end of the daily spread rather than a lack of market participation.
Did you set limit orders inside today's range or are you holding off for now?
#BTC #BitcoinFiveWeeklyLosses
A range of over 2,400 USDT paired with substantial volume shows active turnover across the session rather than a low-liquidity drift.
My read: high trade counts on a down day point to active absorption of sell orders near the low end of the daily spread rather than a lack of market participation.
Did you set limit orders inside today's range or are you holding off for now?
#BTC #BitcoinFiveWeeklyLosses