The Square is buzzing about “South Korea tightens oversight of offshore perpetual contracts” (37K views).
The level of discussion itself is a measure of attention. I’ll pay attention to three details:
· whether opinions are largely aligned or divided;
· whether the topic is just starting to gain traction or already everywhere;
· whether trading activity for $BTC is changing in tandem.
When opinions are highly aligned and the topic is everywhere, it often means the short-term move is nearing an extreme. If opinions are divided and the topic is just getting started, it may have more staying power.
$BTC is currently at 81994.08, up 1.73% over 24h—worth keeping an eye on.
#BTC #韩国收紧海外永续合约监管
The level of discussion itself is a measure of attention. I’ll pay attention to three details:
· whether opinions are largely aligned or divided;
· whether the topic is just starting to gain traction or already everywhere;
· whether trading activity for $BTC is changing in tandem.
When opinions are highly aligned and the topic is everywhere, it often means the short-term move is nearing an extreme. If opinions are divided and the topic is just getting started, it may have more staying power.
$BTC is currently at 81994.08, up 1.73% over 24h—worth keeping an eye on.
#BTC #韩国收紧海外永续合约监管