🐋 Capital is voting with its feet:
"After a trader went long BTC and lost $331,000, he then reversed to short and was liquidated again"
After the news comes out, I will ask three money-related questions:
1. Which direction is active buying and selling tilting toward?
2. Can the trading volume of $BTC (24h $1.595 billion) clearly expand?
3. Have any large holders made unusual transfers to trading platforms?
Only when all three point in the same direction does this news really carry weight; otherwise, it is more of an emotional disturbance.
Good news not going up, bad news not reacting—that in itself is a signal.
#BTC
Volatility is high, so size your positions according to your risk tolerance.
"After a trader went long BTC and lost $331,000, he then reversed to short and was liquidated again"
After the news comes out, I will ask three money-related questions:
1. Which direction is active buying and selling tilting toward?
2. Can the trading volume of $BTC (24h $1.595 billion) clearly expand?
3. Have any large holders made unusual transfers to trading platforms?
Only when all three point in the same direction does this news really carry weight; otherwise, it is more of an emotional disturbance.
Good news not going up, bad news not reacting—that in itself is a signal.
#BTC
Volatility is high, so size your positions according to your risk tolerance.