The Square is buzzing today about “Nonfarm payroll data boosts rate-hike expectations” (927K views).
Discussion volume is only an indicator of attention. I’ll focus on three details:
· Is the discussion one-sided, or are people arguing?
· Is the topic just taking off, or is it already all over the feed?
· Has trading volume for $BTC increased as well?
A one-sided discussion that’s all over the feed often means the short-term move is nearing its limit; if people are still arguing and the topic has only just taken off, it may have more momentum.
$BTC is currently at 76011.66, up 0.13% over 24h. Worth keeping an eye on.
#非农就业数据推升加息预期 #BTC
Discussion volume is only an indicator of attention. I’ll focus on three details:
· Is the discussion one-sided, or are people arguing?
· Is the topic just taking off, or is it already all over the feed?
· Has trading volume for $BTC increased as well?
A one-sided discussion that’s all over the feed often means the short-term move is nearing its limit; if people are still arguing and the topic has only just taken off, it may have more momentum.
$BTC is currently at 76011.66, up 0.13% over 24h. Worth keeping an eye on.
#非农就业数据推升加息预期 #BTC