Let's break down this news flash:
① What happened: Core Scientific's Q3 revenue rose 187%, while self-mining revenue fell about 79%.
② Why it matters: The news is somewhat bearish; sentiment and leveraged funds are likely to feel the impact first. The key question is whether selling pressure will persist.
③ What I'll watch: Whether trading volume picks up, and whether more details or an official statement emerge.
④ How to respond: Don't buy in just yet. Wait for selling pressure to ease and the candlesticks to stabilize before reassessing.
Price-wise, $BTC is currently at 79675.22, up 1.87% over 24 hours, with an intraday range of 78134–81196.01.
What signals would you wait for before making a move?
① What happened: Core Scientific's Q3 revenue rose 187%, while self-mining revenue fell about 79%.
② Why it matters: The news is somewhat bearish; sentiment and leveraged funds are likely to feel the impact first. The key question is whether selling pressure will persist.
③ What I'll watch: Whether trading volume picks up, and whether more details or an official statement emerge.
④ How to respond: Don't buy in just yet. Wait for selling pressure to ease and the candlesticks to stabilize before reassessing.
Price-wise, $BTC is currently at 79675.22, up 1.87% over 24 hours, with an intraday range of 78134–81196.01.
What signals would you wait for before making a move?
