Big money’s moves are more honest than slogans:
“NEAR has launched a vote proposing to lower the maximum annual inflation rate from 2.5% to 1.6%.”
After the news broke, I asked just three questions about the money:
1. Are large orders skewed more toward buying or selling?
2. Can trading volume at $NEAR ($173 million over 24 hours) increase significantly?
3. Have whales made any large transfers out of trading platforms?
Only if all three point in the same direction can the news be considered validated by the money; otherwise, it’s probably just noise.
A single news item is unlikely to change the trend, but it could amplify volatility.
“NEAR has launched a vote proposing to lower the maximum annual inflation rate from 2.5% to 1.6%.”
After the news broke, I asked just three questions about the money:
1. Are large orders skewed more toward buying or selling?
2. Can trading volume at $NEAR ($173 million over 24 hours) increase significantly?
3. Have whales made any large transfers out of trading platforms?
Only if all three point in the same direction can the news be considered validated by the money; otherwise, it’s probably just noise.
A single news item is unlikely to change the trend, but it could amplify volatility.