Let’s break down this news:
① What happened: Lightning Labs launched LayerTree, a non-custodial Bitcoin scaling solution that supports millions of users’ balances on a single UTXO.
② Why it matters: The news itself is neutral and mostly provides background, but it’s worth adding to the watchlist.
③ What I’ll watch: Whether funding rates become heavily skewed in one direction, and how the market has moved when similar events happened in the past.
④ How to respond: Stick to the original plan and wait for clearer signals.
Looking at the market, $BTC is currently at 82244, up 0.49% over 24 hours, with an intraday range of 79800 ~ 82634.3.
Sometimes the market prices things in ahead of time, so the news can turn into a sell-the-news event. What signals would you need before making a move?
① What happened: Lightning Labs launched LayerTree, a non-custodial Bitcoin scaling solution that supports millions of users’ balances on a single UTXO.
② Why it matters: The news itself is neutral and mostly provides background, but it’s worth adding to the watchlist.
③ What I’ll watch: Whether funding rates become heavily skewed in one direction, and how the market has moved when similar events happened in the past.
④ How to respond: Stick to the original plan and wait for clearer signals.
Looking at the market, $BTC is currently at 82244, up 0.49% over 24 hours, with an intraday range of 79800 ~ 82634.3.
Sometimes the market prices things in ahead of time, so the news can turn into a sell-the-news event. What signals would you need before making a move?