“The ChiNext Index fell more than 1% in the morning session” topped the trending searches, and $BTC , which is linked to stock market movements, was brought back into the spotlight.
For a hot topic to affect prices, it has to pass three hurdles:
① Discussion: Will people on the platform start talking about it?
② Trading volume: Will turnover increase noticeably?
③ Staying power: Can the topic last a day or two?
$BTC is currently at 84040.62, up 1.18% over 24 hours. Only after clearing all three hurdles can the impact be considered meaningful. If it only gets past the first, it will probably blow over quickly.
Discussion is just the starting point; whether trading follows is what matters.
For a hot topic to affect prices, it has to pass three hurdles:
① Discussion: Will people on the platform start talking about it?
② Trading volume: Will turnover increase noticeably?
③ Staying power: Can the topic last a day or two?
$BTC is currently at 84040.62, up 1.18% over 24 hours. Only after clearing all three hurdles can the impact be considered meaningful. If it only gets past the first, it will probably blow over quickly.
Discussion is just the starting point; whether trading follows is what matters.