From an order-flow perspective:
“Binance receives the Hong Kong Community Chest’s Outstanding Contribution Award, with cumulative charitable donations exceeding US$47 million.”
After the news came out, I asked only three questions related to money:
1. Is buying or selling more aggressive?
2. Is trading volume for $BNB (24h: US$74.74 million) continuing to grow?
3. Are whales making large transfers to trading platforms?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s probably just noise.
When the news comes out, check your risk exposure first, then consider the direction.
#BNB
“Binance receives the Hong Kong Community Chest’s Outstanding Contribution Award, with cumulative charitable donations exceeding US$47 million.”
After the news came out, I asked only three questions related to money:
1. Is buying or selling more aggressive?
2. Is trading volume for $BNB (24h: US$74.74 million) continuing to grow?
3. Are whales making large transfers to trading platforms?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s probably just noise.
When the news comes out, check your risk exposure first, then consider the direction.
#BNB