The first pullback after the news breaks is the most important: holding steady shows that buying support is holding up.
Take this update, for example: Fed Chair Warsh said that some policy easing was reversed in September.
Whether open interest is rising or falling shows how traders in the futures market are viewing things.
$BTC is currently at 81990.51, up 1.41% intraday.
#BTC
Take this update, for example: Fed Chair Warsh said that some policy easing was reversed in September.
Whether open interest is rising or falling shows how traders in the futures market are viewing things.
$BTC is currently at 81990.51, up 1.41% intraday.
#BTC