From a capital-flow perspective:
“Tom Lee: Crypto and chip stocks have pulled back to support levels; a rally is ‘just around the corner’”
After the news broke, I asked only three questions about capital flows:
1. Which way are large orders leaning?
2. Is trading volume for $ETH (24h: $583 million) continuing to grow?
3. Are there any unusual transfers out of trading platforms on-chain?
Only if all three point in the same direction can the news be considered validated by capital flows; otherwise, it’s most likely noise.
The headline is just the starting point. The market’s reaction is the answer.
“Tom Lee: Crypto and chip stocks have pulled back to support levels; a rally is ‘just around the corner’”
After the news broke, I asked only three questions about capital flows:
1. Which way are large orders leaning?
2. Is trading volume for $ETH (24h: $583 million) continuing to grow?
3. Are there any unusual transfers out of trading platforms on-chain?
Only if all three point in the same direction can the news be considered validated by capital flows; otherwise, it’s most likely noise.
The headline is just the starting point. The market’s reaction is the answer.