FTT Order Flow Fairly Balanced After 150% Rally, but Liquidity Remains Thin

FTT Order Flow Fairly Balanced After 150% Rally, but Liquidity Remains Thin

The market for FTT, the native cryptocurrency of the now-bankrupt FTX exchange, appears to have found an equilibrium after the recent bullish price action. However, the market’s ability to absorb large offers at stable prices remains weak, indicating scope for a sudden reversal of recent price gains.

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