CK Asset debunks rumors of Li Ka-shing’s death
- CK Asset Group issued an official statement saying reports circulated by mainland Chinese social media accounts, falsely attributed to Hong Kong’s Ta Kung Pao, claiming that Li Ka-shing had died were completely untrue. The group condemned the fabrication.
- There was no original source. The rumor was fabricated by social media accounts and then dressed up with a Hong Kong media masthead—a classic example of an unsourced fake news story spreading.
This kind of unsourced fake news has zero impact on the market, so don’t treat it as bearish sentiment. BTC’s short-term direction is still determined by perpetual funding rates and net spot ETF inflows. As long as it holds above the previous low on a pullback, it’s still consolidating; chasing the price higher when funding rates turn excessively positive is instead a sign of selling pressure. ETH’s upside potential relative to BTC depends on whether the exchange rate can reclaim 0.04.
What fake news have you come across that directly caused a sharp wick in crypto prices? With BTC pulling back this time, would you dare to place a limit order to buy the dip?
$BTC $ETH $BNB
- CK Asset Group issued an official statement saying reports circulated by mainland Chinese social media accounts, falsely attributed to Hong Kong’s Ta Kung Pao, claiming that Li Ka-shing had died were completely untrue. The group condemned the fabrication.
- There was no original source. The rumor was fabricated by social media accounts and then dressed up with a Hong Kong media masthead—a classic example of an unsourced fake news story spreading.
This kind of unsourced fake news has zero impact on the market, so don’t treat it as bearish sentiment. BTC’s short-term direction is still determined by perpetual funding rates and net spot ETF inflows. As long as it holds above the previous low on a pullback, it’s still consolidating; chasing the price higher when funding rates turn excessively positive is instead a sign of selling pressure. ETH’s upside potential relative to BTC depends on whether the exchange rate can reclaim 0.04.
What fake news have you come across that directly caused a sharp wick in crypto prices? With BTC pulling back this time, would you dare to place a limit order to buy the dip?
$BTC $ETH $BNB