@Robo may be feeling the balance after being pushed hard, but the general narrative may revolve around the liquidity theme. During consolidation phases, #ROBO may face lower liquidity, meaning lower trading volumes, hence the impact of each wave of buying or selling may have a bigger impact on the market. Liquidity is the fuel that powers every live market, where an increase in liquidity translates to an expansion in volatility, while a decrease in liquidity translates to an expansion in volatility.
During the consolidation phases, the market may face lower trading volumes, meaning the overall impact of each wave of buying or selling may have a bigger impact on the market. As the market awaits the next wave of buying, the #ROBO lower liquidity, meaning lower trading volumes, hence the impact of each wave of buying or selling may have a bigger impact on the market.
As the overall sentiment in the market improves, the liquidity may improve, leading to better stability in the, meaning the price may move in a more sustainable fashion rather than the fragile moves experienced in the past.
ROBOUSDT
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