The movements of large orders are often reflected in trading activity:
「Canada proposes banning financial institutions from directly issuing cryptocurrencies; stablecoins must be issued through independent, non-financial subsidiaries」
After the news broke, I asked just three questions about the money flow:
1. Are large orders leaning more toward buying or selling?
2. Can trading volume for $BTC (US$1.141 billion in 24 hours) continue to grow?
3. Have large holders transferred significant amounts to trading platforms?
Only when all three point in the same direction does this news really carry weight; otherwise, it’s mostly just market sentiment noise.
Look at the data and listen less to the talking points—you’ll avoid a lot of pitfalls.
「Canada proposes banning financial institutions from directly issuing cryptocurrencies; stablecoins must be issued through independent, non-financial subsidiaries」
After the news broke, I asked just three questions about the money flow:
1. Are large orders leaning more toward buying or selling?
2. Can trading volume for $BTC (US$1.141 billion in 24 hours) continue to grow?
3. Have large holders transferred significant amounts to trading platforms?
Only when all three point in the same direction does this news really carry weight; otherwise, it’s mostly just market sentiment noise.
Look at the data and listen less to the talking points—you’ll avoid a lot of pitfalls.
