I treat things on the trending searches as just conversation fodder.
This time, the headline is “Hu Xijin says U.S. stocks are acting up at a critical moment for rescuing A-shares,” and $BTC is tied to U.S. stocks.
In other words, attention comes quickly and fades just as quickly. When a coin is riding a trending topic, I usually just watch and stay out.
Just get the general idea from the news; there’s no need to take every item at face value.
Make a note of it for now and compare again in a couple of days. Don’t take on too large a position.
This time, the headline is “Hu Xijin says U.S. stocks are acting up at a critical moment for rescuing A-shares,” and $BTC is tied to U.S. stocks.
In other words, attention comes quickly and fades just as quickly. When a coin is riding a trending topic, I usually just watch and stay out.
Just get the general idea from the news; there’s no need to take every item at face value.
Make a note of it for now and compare again in a couple of days. Don’t take on too large a position.