It’s worth comparing it with other coins in the same sector to see whether this is an isolated move or sector rotation.
For example: A block trade on a certain exchange: BTC bear call spread, $BTC 24h +2.32%.
The news is somewhat positive, but I wouldn’t chase the initial spike.
This is for discussion only. Trade at your own risk.
For example: A block trade on a certain exchange: BTC bear call spread, $BTC 24h +2.32%.
The news is somewhat positive, but I wouldn’t chase the initial spike.
This is for discussion only. Trade at your own risk.