Eyes in crypto money markets, increased by 160 percent in the last 24 hours, OCD token was converted. OKX’s local Token, OKB, reached a new summit for a short time, reaching a new summit, and various question marks about the long -term sustainability of the existing rise occurred. According to analysts, despite this rapid increase in prices, there are three critical indicators in the market that indicate potential sales pressure.
Increased stock market entrances can trigger sales printing
According to the data provider Nansen, 553 thousand OCD token entered the stock market in the last 24 hours. This indicates a volume of approximately $ 58 million and an increase of 36 percent. The transportation of such a high amount of token to the stock markets can prepare the ground for sales -oriented mobility, especially after an ascension.
Nevertheless, there is a difference in the behavior of big investors. Currently, the largest 100 OCD address has a total asset of 299.93 million units, and recently there is a 25 percent increase in the number of OCDs in these addresses. According to this data, the so -called whale investors have the potential to absorb the sales pressure on the market. However, experts point out that the accumulation in large wallets may not always support the price in the short term, and that this can sometimes be a long -term strategy.
Nansen report, “the amount of token entering the stock market as an important indicator of sales pressure, while the purchase of large investors can limit the potential decrease,” the statement took place.
Liquidation zones and short -term risks
Bingx’s liquidation map in market analysis shows a long position of $ 1.1 million, which concentrates at $ 92.6. If the prices are decreased by the return of the tokens entering the stock exchanges, the liquations triggered at this point can pave the way for larger -scale sales.
Mandatory sales caused by horizontal cruise or downward movement can trigger each other and cause extra decline in prices. According to experts, there is no big distance between the price and critical liquidation levels, especially in the last rally, and there is a rapid correction in a short time.
Bingx analysis, “the primary liquidation level exceeded, wave wave of new sales orders can arise the risk of triggering,” the comment was included.
Technical indicators indicate that the trend is weakened
While the price of OCD exhibits wavy movements on a daily basis, weekly graphics show more sustainable tendencies. According to the graph, the price has difficulty exceeding $ 142, but now remains $ 102 support. Experts, if this level of support is broken 106 to $ 102, a significant amount of long position can be liquid, he says.
The Chaikin Money Flow (CMF) indicator also created a lower peak than November 2024. Even if the price summit is seen, it shows that new money entry into the market is weakened. Analysts evaluate that the last rise of prices is caused by more news streams.
“The loss of power in the CMF, which combines with sales wall and liquidation clusters, is a risk for the rise momentum,” a market strategist, “he said.
In the event that the current $ 102 support is broken, the next important support levels in the weekly graph are around 90 and 78 dollars. Going to these levels indicates that there may be a rapid price decrease. However, if the price exceeds 118 resistance, the stock market entrances decreases and the large addresses continue to accumulate, the decrease scenario in the short term may weaken. In this case, the price can test $ 142 again.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
