A note on tracking the money:
“An exchange and T. Rowe Price explore launching tokenized actively managed ETFs on the exchange’s Chain.”
After the news came out, I asked three questions about the money:
1. Which way are large orders leaning?
2. Can trading volume of $BTC (24h: $1.596 billion) continue to grow?
3. Have whales made any large transfers to trading platforms?
Only when all three point in the same direction can the news be said to have been validated by the money; otherwise, it’s probably just noise.
A single news item is unlikely to change the trend, but it could amplify volatility.
There’s been plenty of fluctuation, so manage your position accordingly.
“An exchange and T. Rowe Price explore launching tokenized actively managed ETFs on the exchange’s Chain.”
After the news came out, I asked three questions about the money:
1. Which way are large orders leaning?
2. Can trading volume of $BTC (24h: $1.596 billion) continue to grow?
3. Have whales made any large transfers to trading platforms?
Only when all three point in the same direction can the news be said to have been validated by the money; otherwise, it’s probably just noise.
A single news item is unlikely to change the trend, but it could amplify volatility.
There’s been plenty of fluctuation, so manage your position accordingly.