Bitcoin（$BTC ） locked value is rising, up 37.77% over 7 days. To tell whether this is a trend, I usually look at three things:
1) Whether the increase comes from a few leading protocols or is happening across all chains;
2) Whether on-chain transaction volume is also increasing;
3) Whether the trend can hold for several days.
Which signal do you consider most important?
#BTC
1) Whether the increase comes from a few leading protocols or is happening across all chains;
2) Whether on-chain transaction volume is also increasing;
3) Whether the trend can hold for several days.
Which signal do you consider most important?
#BTC
