Structurally, news is just a catalyst; support and resistance are the main story.
Take this headline, for example: Chainalysis: Crypto remittances from Canada to three Asian countries surged 141% to $2.36 billion.
Whether open interest is rising or falling can show how leveraged funds are positioning.
$BTC .
Don't use these as a basis for trading.
Take this headline, for example: Chainalysis: Crypto remittances from Canada to three Asian countries surged 141% to $2.36 billion.
Whether open interest is rising or falling can show how leveraged funds are positioning.
$BTC .
Don't use these as a basis for trading.