“The ChiNext Index opened 5% lower, while the Shanghai Composite fell more than 2%” topped the trending searches across the web, and $BTC , which is linked to stock market movements, was also brought up again.
For a hot topic to affect prices, it has to pass through three stages:
① Attention: Will people on the platform start discussing it?
② Trading: Can trading volume increase significantly?
③ Persistence: Can the topic stay relevant for a day or two?
$BTC is currently priced at 76202, down 5.42% in 24 hours. Only when it passes all three stages does the impact count as meaningful. If it only reaches the first stage, it often blows over in no time.
Whether the buzz lasts for several days matters more than a momentary ranking.
For a hot topic to affect prices, it has to pass through three stages:
① Attention: Will people on the platform start discussing it?
② Trading: Can trading volume increase significantly?
③ Persistence: Can the topic stay relevant for a day or two?
$BTC is currently priced at 76202, down 5.42% in 24 hours. Only when it passes all three stages does the impact count as meaningful. If it only reaches the first stage, it often blows over in no time.
Whether the buzz lasts for several days matters more than a momentary ranking.