A quick take from the perspective of large orders:
“Fuzhou prosecutors disclose three cryptocurrency-related criminal cases involving robbery and illegal fundraising totaling 6.28 million”
After the news broke, I had just three questions about the money flows:
1. Are large orders buying more or selling more?
2. Can trading volume of $BTC (24h: $1.751 billion) continue to grow?
3. Have large holders made any unusual transfers to trading platforms?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s probably just a passing gust.
The market’s moves after the news breaks are more worth watching than the news itself.
#BTC
“Fuzhou prosecutors disclose three cryptocurrency-related criminal cases involving robbery and illegal fundraising totaling 6.28 million”
After the news broke, I had just three questions about the money flows:
1. Are large orders buying more or selling more?
2. Can trading volume of $BTC (24h: $1.751 billion) continue to grow?
3. Have large holders made any unusual transfers to trading platforms?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s probably just a passing gust.
The market’s moves after the news breaks are more worth watching than the news itself.
#BTC