🐳 Capital Notes: #EthereumBreaksAbove$2,500
The relationship between buzz on the Plaza and trading volume—I've summed it up in three scenarios:
· High buzz + rising volume: money is really flowing in, giving the buzz staying power
· High buzz + flat volume: it's probably just a lively comment section—a passing fad
· High buzz + falling prices: there's probably disagreement in the discussion; watch to see if buyers step in at lower levels
$ETH currently has a 24h trading volume of $977 million, down 2.22% over 24h. Which scenario do you think this is?
Just market observations. Make your own trading decisions.
The relationship between buzz on the Plaza and trading volume—I've summed it up in three scenarios:
· High buzz + rising volume: money is really flowing in, giving the buzz staying power
· High buzz + flat volume: it's probably just a lively comment section—a passing fad
· High buzz + falling prices: there's probably disagreement in the discussion; watch to see if buyers step in at lower levels
$ETH currently has a 24h trading volume of $977 million, down 2.22% over 24h. Which scenario do you think this is?
Just market observations. Make your own trading decisions.