People on the plaza are discussing “OCC cancels automatic extensions for seven-day stablecoin redemptions” (13K views).
The level of discussion itself is a sentiment gauge. I’d look at three details:
· Is the discussion one-sided or divided?
· Is the topic just gaining traction, or is it already all over the feed?
· Has trading volume for $BTC increased as well?
When opinions are too unanimous and the topic is everywhere, it often means the short-term price is near a peak. A divided discussion that’s just starting to gain traction may have more staying power.
$BTC is currently at 80775.21, down 1.06% over 24 hours. Let’s keep an eye on it for now.
#OCC取消稳定币七天赎回自动延期
The level of discussion itself is a sentiment gauge. I’d look at three details:
· Is the discussion one-sided or divided?
· Is the topic just gaining traction, or is it already all over the feed?
· Has trading volume for $BTC increased as well?
When opinions are too unanimous and the topic is everywhere, it often means the short-term price is near a peak. A divided discussion that’s just starting to gain traction may have more staying power.
$BTC is currently at 80775.21, down 1.06% over 24 hours. Let’s keep an eye on it for now.
#OCC取消稳定币七天赎回自动延期