🐋 A note for those watching the order book:
「A certain exchange’s daily options report: BTC open interest notional at $25.721 billion (down 0.1%), DVOL at 40.6, ETH open interest notional…」
After the news came out, I asked just three questions about the flows:
1. Which way are aggressive buys and sells leaning?
2. Can trading volume for $BTC (24h: $753 million) increase significantly?
3. Have there been any large transfers out of trading platforms on-chain?
Only if all three point in the same direction can we say the news is backed by the money; otherwise, it’s most likely noise.
Figure out whether this is a new development or old news being brought up again.
#比特币
「A certain exchange’s daily options report: BTC open interest notional at $25.721 billion (down 0.1%), DVOL at 40.6, ETH open interest notional…」
After the news came out, I asked just three questions about the flows:
1. Which way are aggressive buys and sells leaning?
2. Can trading volume for $BTC (24h: $753 million) increase significantly?
3. Have there been any large transfers out of trading platforms on-chain?
Only if all three point in the same direction can we say the news is backed by the money; otherwise, it’s most likely noise.
Figure out whether this is a new development or old news being brought up again.
#比特币
