🐳 Positioning perspective:
「Well-known trader: Strong buying interest in Bitcoin at $81,000; it could still surge back to $87,000 this month」
When news like this comes out, I ask three money-related questions:
1. Which way are aggressive buyers and sellers leaning?
2. Has trading volume at $BTC (24h: $1.128 billion) increased significantly?
3. Are there any large transfers from on-chain wallets to exchanges?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s probably just a passing gust.
First, figure out whether this is a new development or old news being recycled.
#BTC
「Well-known trader: Strong buying interest in Bitcoin at $81,000; it could still surge back to $87,000 this month」
When news like this comes out, I ask three money-related questions:
1. Which way are aggressive buyers and sellers leaning?
2. Has trading volume at $BTC (24h: $1.128 billion) increased significantly?
3. Are there any large transfers from on-chain wallets to exchanges?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s probably just a passing gust.
First, figure out whether this is a new development or old news being recycled.
#BTC