$ALCH is lucky? The popularity of alch has dropped to freezing point, followed by a sudden pump from 0.108 to 0.150, nearly a 40% rise, leaving no time for people to react.
The term "heat freezing point" refers to a situation where the trading volume of a certain asset on a given day is less than the holding amount. The reason for being bullish is that during the decrease in open interest, retail investors who are bullish are continuously exiting the market, while large holders still maintain their long positions.
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BTCETH
· 11-29 20:04
So why not pump it a bit before selling?
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RecoupInvestmentSoon
· 11-29 19:50
Unfortunately, Large Investors sold, and the market couldn't hold.
$ALCH is lucky? The popularity of alch has dropped to freezing point, followed by a sudden pump from 0.108 to 0.150, nearly a 40% rise, leaving no time for people to react.
The term "heat freezing point" refers to a situation where the trading volume of a certain asset on a given day is less than the holding amount.
The reason for being bullish is that during the decrease in open interest, retail investors who are bullish are continuously exiting the market, while large holders still maintain their long positions.