This on-chain data for $SQD is worth a closer look.
Reviewing the capital flow and chip structure reveals some interesting phenomena:
1️⃣ Clear accumulation traces are visible at the bottom range, with no large-scale selling pressure released.
2️⃣ High-leverage bulls are concentrating their positions, showing strong directional consistency—this is a classic trend-following signal.
3️⃣ Market sentiment is mirroring the previous rally logic of BSC tokens—community hype leads, and funds follow.
Current price is 0.0422 USDT, 24h trading volume is 9.64 million, and market cap is 43.87 million. From a flow transmission perspective, the key variables are whether the bullish positions can continue to scale up, and whether the price can hold its ground at this level to confirm the trend.
Chip concentration + heightened sentiment + selling pressure vacuum—when these conditions align, it’s worth adding to the watchlist for continuous tracking.
#OnChainData
Reviewing the capital flow and chip structure reveals some interesting phenomena:
1️⃣ Clear accumulation traces are visible at the bottom range, with no large-scale selling pressure released.
2️⃣ High-leverage bulls are concentrating their positions, showing strong directional consistency—this is a classic trend-following signal.
3️⃣ Market sentiment is mirroring the previous rally logic of BSC tokens—community hype leads, and funds follow.
Current price is 0.0422 USDT, 24h trading volume is 9.64 million, and market cap is 43.87 million. From a flow transmission perspective, the key variables are whether the bullish positions can continue to scale up, and whether the price can hold its ground at this level to confirm the trend.
Chip concentration + heightened sentiment + selling pressure vacuum—when these conditions align, it’s worth adding to the watchlist for continuous tracking.
#OnChainData