PAR Broker Data
Retail investor accumulation has been growing over the last year. However, the accumulation chart has been near neutral over the past month, signaling a potential pivot.
This could indicate
increasing interest from professional investors if they start buying from retail investors.
Investment banks are not in yet - their sentiment remains negative, with heavy selling in December and January. If they come back, it could push the price significantly above the current resistance level at 0.65.
Here’s the price level and broker participation on the buy and sell side over the last month.
(20min delay)