Treasury yields could rise to 6% even without market turmoil. Here’s why.
Interest rates are the denominator for all assets, including BTC.
Until the direction is clear, the market is trading on speculation.
Crypto reacts to this kind of news half a beat faster than traditional assets, and is more prone to overreacting.
Back to the charts.
BTC at 82,992, down 0.04% over 24 hours, with an intraday range of 82,286 to 83,084.
The seven-day close moved from 81,754 to 82,992, putting it at 26% of the range.
Seven-day trading volume: 440 million, far below the peak of 1.78 billion.
Fear & Greed Index: 64, Greed.
Funding rate: -0.0002%.
I’m not sure if that counts as a signal. I’ll just keep an eye on it for now.
The news can draw people in, but you still have to make your own judgment. I wouldn’t add to my position here based on a single news item.
Volume has already fallen to 25% of its peak. At this level, even major positive news can’t sustain a decent rally.
There’s just one thing I’ll be watching next: trading volume.
$BTC $ADA #加密货币分析 #币安广场 #市场观察 #HotTopicAnalysis
Interest rates are the denominator for all assets, including BTC.
Until the direction is clear, the market is trading on speculation.
Crypto reacts to this kind of news half a beat faster than traditional assets, and is more prone to overreacting.
Back to the charts.
BTC at 82,992, down 0.04% over 24 hours, with an intraday range of 82,286 to 83,084.
The seven-day close moved from 81,754 to 82,992, putting it at 26% of the range.
Seven-day trading volume: 440 million, far below the peak of 1.78 billion.
Fear & Greed Index: 64, Greed.
Funding rate: -0.0002%.
I’m not sure if that counts as a signal. I’ll just keep an eye on it for now.
The news can draw people in, but you still have to make your own judgment. I wouldn’t add to my position here based on a single news item.
Volume has already fallen to 25% of its peak. At this level, even major positive news can’t sustain a decent rally.
There’s just one thing I’ll be watching next: trading volume.
$BTC $ADA #加密货币分析 #币安广场 #市场观察 #HotTopicAnalysis