Watching fund flows:
“Blackstone President and Fed Governor Waller: France’s fiscal pressures sound a warning to countries with high deficits”
After the news breaks, I’ll ask three questions about money:
1. Are large orders skewed toward buying or selling?
2. Can trading volume of $BTC (24-hour volume: $1.272 billion) continue to grow?
3. Are large amounts being transferred on-chain to exchanges?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s probably just noise.
A single news item can’t determine the overall trend, but it can affect the pace.