🐋 A note on watching the order book:
When macro conditions change, futures positions are usually the first to move, followed by ETFs and OTC funds.
“Binance report: BTC rose 9.3% after rate hikes, while rising US Treasury yields were mainly driven by real rates.”
Watch whether ETF buying and stablecoin issuance can keep up.
$BTC — keep an eye on it for now.
When macro conditions change, futures positions are usually the first to move, followed by ETFs and OTC funds.
“Binance report: BTC rose 9.3% after rate hikes, while rising US Treasury yields were mainly driven by real rates.”
Watch whether ETF buying and stablecoin issuance can keep up.
$BTC — keep an eye on it for now.