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Accumulating momentum or just pumping?
Actually, the answer lies in the order book. Real accumulation requires pushing in real money, while pumping only needs to pull up one bullish candle.
This $ETH rebound is clearly the latter.
Look at these past two days, bouncing from 2406 to 2503, less than $100, but volume has been shrinking day by day.
The buy orders in the order book are sparse, and large orders are withdrawn faster than anyone else.
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Cryptos tendance
BTC/USDTBitcoin
$82 183,7+0,00 %
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$2 448,07+0,00 %
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