“ChiNext Index falls over 3%, STAR 50 Index drops nearly 4.5%” was trending (No. 7), and $BTC , which is linked to stock market movements, was also brought up.
For a hot topic to affect coin prices, it has to pass through three stages:
① Discussion: Will the community start talking about it?
② Trading: Can trading volume increase significantly?
③ Persistence: Can the buzz last for a day or two?
$BTC is currently priced at 83158, down 1.34% over 24 hours. Only if it passes all three stages can the spillover be considered effective. If it only reaches the first stage, it often blows over quickly.
Chasing hot topics usually means being a step behind. First, consider how long the buzz might last.
#BTC
For market tracking purposes only. Please make your own trading decisions.
For a hot topic to affect coin prices, it has to pass through three stages:
① Discussion: Will the community start talking about it?
② Trading: Can trading volume increase significantly?
③ Persistence: Can the buzz last for a day or two?
$BTC is currently priced at 83158, down 1.34% over 24 hours. Only if it passes all three stages can the spillover be considered effective. If it only reaches the first stage, it often blows over quickly.
Chasing hot topics usually means being a step behind. First, consider how long the buzz might last.
#BTC
For market tracking purposes only. Please make your own trading decisions.