Don't chase as soon as the news comes out; wait for the candlestick to close before making a judgment.
Take this case: an address withdrew 9,777 ETH from Binance over the past 4 days.
Check whether the funding rate suddenly becomes heavily one-sided.
$ETH Current price: 2226.6.
#ETH
Take this case: an address withdrew 9,777 ETH from Binance over the past 4 days.
Check whether the funding rate suddenly becomes heavily one-sided.
$ETH Current price: 2226.6.
#ETH