#QTUMUSDT 8H
Previous analysis👉 https://x.com/master_binance/status/2109794285801689400?s=46
Insight Update | Level 1✅
📉 7.72% Rejection since Resistant Line
🫥 #QTUM followed our insight every step of the way exactly according to plan and has finally reached our 1st level.
⚜️ We are moving in distribution so let's just book 50% and keep the rest for lower levels.
Previous analysis
Insight Update | Level 1
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Total Bitcoin volume, spot exchanges and the US spot ETFs combined, runs at about $6.8B a day on a seven-day average. That is lower than on nine in ten days since January 2024, and far below the peaks of the past two years.
The push above $85K did not change this. Not one day since September 22 has traded a normal spot volume for its day of the week, and Sunday's close above the wall came on about half the volume of a normal Sunday. A rise in spot volume would be the first sign that buyers are coming back in size.
The push above $85K did not change this. Not one day since September 22 has traded a normal spot volume for its day of the week, and Sunday's close above the wall came on about half the volume of a normal Sunday. A rise in spot volume would be the first sign that buyers are coming back in size.
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