š A capital-flow perspective: āSuspected North Korean attacks account for nearly 89% of crypto hacking lossesā
Iāve summed up three scenarios for the relationship between buzz and trading volume in the square:
Ā· High buzz + rising volume: money is flowing in, which gives the buzz staying power
Ā· High buzz + unchanged volume: itās probably just chatter in the commentsāa passing fad
Ā· High buzz + weakening prices: the discussion is probably driven by fear; watch to see whether anyone steps in at lower levels
$BTC Current 24h trading volume is $811 million, up 0.2% over 24h. Which scenario do you think this is?
#BTC
Iāve summed up three scenarios for the relationship between buzz and trading volume in the square:
Ā· High buzz + rising volume: money is flowing in, which gives the buzz staying power
Ā· High buzz + unchanged volume: itās probably just chatter in the commentsāa passing fad
Ā· High buzz + weakening prices: the discussion is probably driven by fear; watch to see whether anyone steps in at lower levels
$BTC Current 24h trading volume is $811 million, up 0.2% over 24h. Which scenario do you think this is?
#BTC