First, the bottom line: news is just a catalyst; structure is what matters.
The PONS founder has made their first spot BTC purchase in three years and plans to accumulate one BTC through dollar-cost averaging.
$PONS currently at 0.3688, down 12.5% over 24h.
Bullish news is only meaningful when accompanied by higher volume. Be wary of a spike followed by a pullback when prices rise on declining volume.
#PONS
Do your homework before making a move.
The PONS founder has made their first spot BTC purchase in three years and plans to accumulate one BTC through dollar-cost averaging.
$PONS currently at 0.3688, down 12.5% over 24h.
Bullish news is only meaningful when accompanied by higher volume. Be wary of a spike followed by a pullback when prices rise on declining volume.
#PONS
Do your homework before making a move.