Where is the money flowing? Here’s a clue:
“Data: The current Crypto Fear & Greed Index is 30, indicating fear.”
After the news came out, I asked just three questions about the money:
1. Are large orders skewing more toward buying or selling?
2. Has trading volume for $BTC (24h: $843 million) increased significantly?
3. Have any whales made large transfers to trading platforms?
Only when all three point in the same direction can we say the news has been validated by the flow of funds; otherwise, it’s probably just an emotional fluctuation.
News that really carries weight tends to attract follow-up activity for a sustained period.
#BTC
“Data: The current Crypto Fear & Greed Index is 30, indicating fear.”
After the news came out, I asked just three questions about the money:
1. Are large orders skewing more toward buying or selling?
2. Has trading volume for $BTC (24h: $843 million) increased significantly?
3. Have any whales made large transfers to trading platforms?
Only when all three point in the same direction can we say the news has been validated by the flow of funds; otherwise, it’s probably just an emotional fluctuation.
News that really carries weight tends to attract follow-up activity for a sustained period.
#BTC
