Market Brief | $BNB and $ETH are both above their average prices, but moving in opposite directions
At 20:30 Beijing time, over the rolling 24-hour period, $BNB rose 0.815% while $ETH fell 0.151%, a difference of 0.966 percentage points in direction. Both are currently priced above their respective 24-hour weighted average prices, so looking only at whether they are “above average” would put them in the same category. Today, first distinguish their directions, then look at their positions relative to the average. What we can confirm here is the combination of the two price readings; we can’t infer the reasons behind the market moves. Next time, write down each asset’s positive or negative change and whether it is above or below its average on the same line.
At 20:30 Beijing time, over the rolling 24-hour period, $BNB rose 0.815% while $ETH fell 0.151%, a difference of 0.966 percentage points in direction. Both are currently priced above their respective 24-hour weighted average prices, so looking only at whether they are “above average” would put them in the same category. Today, first distinguish their directions, then look at their positions relative to the average. What we can confirm here is the combination of the two price readings; we can’t infer the reasons behind the market moves. Next time, write down each asset’s positive or negative change and whether it is above or below its average on the same line.