Spotted some interesting movement on $CYCLXv2 trading via Uniswap on Ethereum network lately.
The 24-hour flow tells a decent story - buyers pushed through around $4.3K while sellers moved roughly $3.3K. That's a slightly bullish imbalance if you're into reading tea leaves. Liquidity sits at approximately $29K with the market cap hovering near $18K territory.
Nothing crazy, but the buy-side pressure edging out sells could signal some accumulation happening. These smaller cap plays on decentralized exchanges can move fast once momentum kicks in, though liquidity depth remains something to watch carefully.
Anyone else tracking this one or have thoughts on the volume pattern?
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FudVaccinator
· 19h ago
Liquidity risk is high due to insufficient liquidity.
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FlyingLeek
· 19h ago
Brothers who have been played people for suckers, don't get played again.
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MidsommarWallet
· 19h ago
We need to closely watch the market direction for bearish trends.
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BlockchainTherapist
· 19h ago
The market data looks good, I'm optimistic about it.
Spotted some interesting movement on $CYCLXv2 trading via Uniswap on Ethereum network lately.
The 24-hour flow tells a decent story - buyers pushed through around $4.3K while sellers moved roughly $3.3K. That's a slightly bullish imbalance if you're into reading tea leaves. Liquidity sits at approximately $29K with the market cap hovering near $18K territory.
Nothing crazy, but the buy-side pressure edging out sells could signal some accumulation happening. These smaller cap plays on decentralized exchanges can move fast once momentum kicks in, though liquidity depth remains something to watch carefully.
Anyone else tracking this one or have thoughts on the volume pattern?