Are positions shifting quickly?
“An exchange has listed perpetual contracts for 12 popular stocks, including Reliance Industries and Morgan Stanley.”
After news like this breaks, I ask three questions related to money:
1. Which direction are the large orders leaning?
2. Has trading volume for $BTC ($2.081 billion over 24 hours) increased noticeably?
3. Have large holders withdrawn substantial amounts from the trading platform?
Only when all three point in the same direction has the news been validated by capital; otherwise, it’s probably just a passing gust.
The price action after the news breaks deserves more attention than the news itself.
#BTC
Just chatting—everyone bears their own gains and losses.
“An exchange has listed perpetual contracts for 12 popular stocks, including Reliance Industries and Morgan Stanley.”
After news like this breaks, I ask three questions related to money:
1. Which direction are the large orders leaning?
2. Has trading volume for $BTC ($2.081 billion over 24 hours) increased noticeably?
3. Have large holders withdrawn substantial amounts from the trading platform?
Only when all three point in the same direction has the news been validated by capital; otherwise, it’s probably just a passing gust.
The price action after the news breaks deserves more attention than the news itself.
#BTC
Just chatting—everyone bears their own gains and losses.
