From a money-flow perspective:
“The U.S. CFTC has issued a no-action letter allowing derivatives clearing organizations to use trust companies for routine settlement.”
After the news came out, I asked just three questions related to money:
1. Which way are large orders leaning?
2. Can trading volume for $BTC ( $2.016 billion over 24 hours) increase significantly?
3. Are there any unusual transfers on-chain to trading platforms?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s mostly just a fluctuation in sentiment.
It’s important to get the news as soon as possible, but trading decisions still need to be made calmly.
“The U.S. CFTC has issued a no-action letter allowing derivatives clearing organizations to use trust companies for routine settlement.”
After the news came out, I asked just three questions related to money:
1. Which way are large orders leaning?
2. Can trading volume for $BTC ( $2.016 billion over 24 hours) increase significantly?
3. Are there any unusual transfers on-chain to trading platforms?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s mostly just a fluctuation in sentiment.
It’s important to get the news as soon as possible, but trading decisions still need to be made calmly.