Where is the money flowing? Here are the clues:
“Trading volume in the major Meme markets was approximately $162 million over 24 hours, down 11.2% from the previous period.”
After the news comes out, I ask three money-related questions:
1. Are large orders skewed toward buying or selling?
2. Is trading volume for $BNB ( $77.25 million over 24 hours) continuing to grow?
3. Are whales making large transfers to trading platforms?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s probably just noise.
Read the original news, since retellings can distort it.
“Trading volume in the major Meme markets was approximately $162 million over 24 hours, down 11.2% from the previous period.”
After the news comes out, I ask three money-related questions:
1. Are large orders skewed toward buying or selling?
2. Is trading volume for $BNB ( $77.25 million over 24 hours) continuing to grow?
3. Are whales making large transfers to trading platforms?
Only when all three point in the same direction does the news carry real weight; otherwise, it’s probably just noise.
Read the original news, since retellings can distort it.