First, the data: $BTC 77158.01, 24h -1.49%
Next, the news: Wu Says Data Center: On Nov. 6, the BTC options PCR was 0.32, with call options concentrated between $82,000 and $90,000.
It’s fine to be optimistic, but there’s no need to get carried away: prices may still pull back after positive news. Checking whether trading volume changed significantly before and after the news is the most straightforward way to assess it.
Next, the news: Wu Says Data Center: On Nov. 6, the BTC options PCR was 0.32, with call options concentrated between $82,000 and $90,000.
It’s fine to be optimistic, but there’s no need to get carried away: prices may still pull back after positive news. Checking whether trading volume changed significantly before and after the news is the most straightforward way to assess it.
