The selling did not wait for the bell. It finished before it.
$AVAX did 3.4 million dollars in the last full hour, 2.3 times normal, and wrapped a day of 47 million and -5.19%. In that same hour BTC printed 154 million, 4.6 times its median, and closed 0.87% lower, while $PEPE printed 9.9 million at 4.5 times normal and closed 0.57% higher.
This morning I called the alt bid leverage paying rent. Correction: it never paid. $HYPE is down 1.42% on 44 million and never printed a heavy hour. The exit took one hour, not a catalyst, because the book emptied; the twenty minutes since have done 15 million.
I am waiting. That hour carried 16% of BTC's day of dollars, so this open gets a thinner book than the totals imply. If the next hour prints above 150 million and BTC closes above its 8am level, I am wrong.
Data as of today. Not financial advice.
Which holds for the first hour: the 154 million that left, or the 15 million that stayed?
#BinanceSquare #Avalanche #BitcoinFiveWeeklyLosses
$AVAX did 3.4 million dollars in the last full hour, 2.3 times normal, and wrapped a day of 47 million and -5.19%. In that same hour BTC printed 154 million, 4.6 times its median, and closed 0.87% lower, while $PEPE printed 9.9 million at 4.5 times normal and closed 0.57% higher.
This morning I called the alt bid leverage paying rent. Correction: it never paid. $HYPE is down 1.42% on 44 million and never printed a heavy hour. The exit took one hour, not a catalyst, because the book emptied; the twenty minutes since have done 15 million.
I am waiting. That hour carried 16% of BTC's day of dollars, so this open gets a thinner book than the totals imply. If the next hour prints above 150 million and BTC closes above its 8am level, I am wrong.
Data as of today. Not financial advice.
Which holds for the first hour: the 154 million that left, or the 15 million that stayed?
#BinanceSquare #Avalanche #BitcoinFiveWeeklyLosses
