👀 Whales are watching this:
“Analysis: Meme coins take an average of 17.2 days to reach their all-time high, and only 3% of projects ever return to it.”
When news breaks, I ask three questions about the money:
1. Which way is buying and selling pressure leaning?
2. Can trading volume for $BTC (24h: $1.835 billion) increase significantly?
3. Are whales making unusual withdrawals from exchanges?
Only when all three point in the same direction has the news been validated by capital; otherwise, it’s probably just a sentiment-driven blip.
Truly important news usually keeps people talking for a while.
“Analysis: Meme coins take an average of 17.2 days to reach their all-time high, and only 3% of projects ever return to it.”
When news breaks, I ask three questions about the money:
1. Which way is buying and selling pressure leaning?
2. Can trading volume for $BTC (24h: $1.835 billion) increase significantly?
3. Are whales making unusual withdrawals from exchanges?
Only when all three point in the same direction has the news been validated by capital; otherwise, it’s probably just a sentiment-driven blip.
Truly important news usually keeps people talking for a while.