Fast money follows the buzz: “U.S. stocks stage a late-night comeback, with the Nasdaq up over 1%.”
$BTC , which is tied to U.S. stock movements, should be assessed by looking at futures open interest and spot buying separately: rallies driven by spot buying are more stable.
If the buzz and the coin’s price move together, it means the market is buying in; hype without volume is just people jumping on the bandwagon.