“Sell At A Better Price” Is Always Essential No Matter In Bear Or Bull Market
Published in
2 min readJan 16, 2023
$LDO dropped over 12% after we shared the $LDO topping signal on Twitter.
What is the short-term topping signal?
Combine Net Buy Value sell volume + Turnover Rate to identify the topping signal.
- Turnover Rate: peak
- Net Buy Value: weak or slightly negative with a large amount of sell volume
The signal appeared to $LDO at a price of $2.41
At 14:05 UTC Jan 15, when $LDO climbed to $2.41. The Turnover Rate surged to 1D ATH (p2).
P1 shows at the same time, Net Buy Value is slightly positive (dropped from a peak 5 mins ago but still green) with a large sell volume (the red line).
Sell at a better price is always essential no matter in bear or bull market.
Jump Trading $LDO Balance -2M ($4.8M)
Jump Trading transferred $LDO to 0x447. 0x447 sold them ALL via Uniswap
Not the first time Jump Trading sold $LDO via other wallet addresses.
