Fund flows are worth watching:
“An exchange has launched pre-market trading for the PREDICTUSDT perpetual contract (settled in USDT).”
After the news broke, I had just three questions about the money:
1. Which way are large orders leaning?
2. Has trading volume for $BTC (24h: $1.609 billion) increased noticeably?
3. Have any major holders made unusual transfers off the exchange?
If all three point in the same direction, then the news carries real weight; otherwise, it’s probably just noise.
Don’t rush to a conclusion—wait and see whether more details emerge.