Data is on the chart.
The single most important indicator is the Volume.
There are certain anomalies in the volume that can be attributed to wash trading in the beginning or the Covid.
As you can see, since the early cycles, volume in price discovery has been steady.
More importantly, the current volume in price discovery is still very low.
There are lots of talks about how some mythical players are accumulating. For 21M of issuance, the volume is huge, IMO.
!!! It is not trading advice, but an overview of the market in the past and the current situation.
I do not advise investing in highly volatile markets like crypto unless you are prepared to mark losses.
The single most important indicator is the Volume.
There are certain anomalies in the volume that can be attributed to wash trading in the beginning or the Covid.
As you can see, since the early cycles, volume in price discovery has been steady.
More importantly, the current volume in price discovery is still very low.
There are lots of talks about how some mythical players are accumulating. For 21M of issuance, the volume is huge, IMO.
!!! It is not trading advice, but an overview of the market in the past and the current situation.
I do not advise investing in highly volatile markets like crypto unless you are prepared to mark losses.
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Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.